Hello, fellow risk-takers
USDCAD is overall bullish in the long-term but lacks momentum to form new higher highs. The pair is likely to fall to previous lows in order to collect momentum where there's a lot of buyer's liquidity.
The chart demonstrates the idea very well.
Trade well and take care.
USDCAD is overall bullish in the long-term but lacks momentum to form new higher highs. The pair is likely to fall to previous lows in order to collect momentum where there's a lot of buyer's liquidity.
The chart demonstrates the idea very well.
Trade well and take care.