USDCAD FALLING from RESISTANCE level

At the beginning of last week, the price touched a strong resistance line that first formed in 2017.


Then the price dropped to the support level, where it was able to push off and start growing again. At the beginning of this week, it again came to a strong resistance line and again fell sharply.

Let me remind you of my previous forecast, which came true. I said that the price will not be able to break through the line and will return at the resistance level. will push off the support level and come back to the strong resistance line. As we can see, this is what happened.


During this downward movement, the price managed to break through the resistance level. What gives us a signal is that the price will continue to fall.

Now it is at a strong resistance zone. And I expect the price to fall to the support line in the near future.

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻