FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
On daily timeframe we can see price trading in a strong bearish structure and currently the price retesting the daily 50MA, On 4hr timeframe price trading in a small 100pips range of 1.26 resistance and 1.25 support level, if there is no major breakout I will look at trading within this area.

_________________________________________________________________________________________________________________________________________

Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.



Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________


Thank you for your support


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.