AlkalineFX

USDCAD: Can You See It?

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Price is playing around a key structural area but is failing to push higher!

Could this mean that price wants to push lower to take out the equal lows?

I believe price will play around this area and lure some buyers in before it collapses to the lower regions marked.

Once this has been completed we can look to buy!

Let me know your thoughts in the comments below.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.