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TradeWithTheTrend3344

USD/CAD: Anticipating Bearish Momentum Amidst Resilient Support

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
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FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Support and Resistance Pivot Points Contains image
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trendanalysis supportandresistance pivotpoints containsimage
Hello Everyone,

The USD/CAD pair continues to exhibit indications of potential bullish momentum, with current sentiment favoring further upward movement. This sentiment is bolstered by the strong support observed on 1D. Moving forward, sustaining the 1-month pivot point as a resistance level is crucial to facilitating additional downside potential.

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