USD/CAD -At channel resistance + 1.33 Pysc level, drop incoming?
- USD/CAD is now meeting the upper trend channels resistance
- This touch has also occurred at the 1.33 Psychological level
- If we see rejection at this point, may drop to test the lower channels support
- This could be at the 1.32 Psychological level
** We would need to see a solid rejection candle/pin-bar/pattern at this point to justify entering a short position
**Price could just as easily break through to the upside
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
- This touch has also occurred at the 1.33 Psychological level
- If we see rejection at this point, may drop to test the lower channels support
- This could be at the 1.32 Psychological level
** We would need to see a solid rejection candle/pin-bar/pattern at this point to justify entering a short position
**Price could just as easily break through to the upside
THIS IS NOT TRADE ADVICE NOR A TRADE CALL