One of the few pairs in which the dollar shows that it is still alive is USDCAD.
Of course, this is not due to the strength of the USD, but to the fall in oil and the weakness of CAD.
With this break of H1 and the support of H4 and D1 we expect that the price fixes the bottom and we will see another rise.
The current levels are suitable for entry, and we expect the price to rise to the following levels of resistance:
1.3481
1.3531
1.3595
Today at 12:30 GMT there is news related to both CAD and USD. We can see strong movement!
Of course, this is not due to the strength of the USD, but to the fall in oil and the weakness of CAD.
With this break of H1 and the support of H4 and D1 we expect that the price fixes the bottom and we will see another rise.
The current levels are suitable for entry, and we expect the price to rise to the following levels of resistance:
1.3481
1.3531
1.3595
Today at 12:30 GMT there is news related to both CAD and USD. We can see strong movement!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade