USDCAD daily price reversal is near, I expect a buy up to 1.42 range provided economic data supports itCommunity discussions
USDCAD daily price reversal is near, I expect a buy up to 1.42 range provided economic data supports it
USDCAD looking for a sell now 1.40030.. retest the low
USDCAD The next move should be around the 4th/5th Dec
USDCAD 🇨🇦 The asset is in a downtrend. The price is testing the descending trendline at 1.4002.🔼 If the resistance level is broken, a rise toward 1.4041 is likely.
🔽 However, if the support level is breached and a new local low is formed, the decline may continue toward 1.3941.
USDCAD price is back above monthly trend break and holding for five weeks. Price will continue higher over the next five to ten weeks.
USDCAD D1 Update:Just planning.. indecisions..
USDCAD is powell really gonna resign today?
USDCAD Sell Setup Active
Entry Level: 1.39769
Stop Loss: 1.39930
Target: 1.39146
Point Differences:
SL: 0.00161
TP: 0.00623
Bears are gaining control as price approaches key support.
Momentum is leaning bearish, and a further downward move is possible if sellers maintain pressure.
This is not financial advice, just my market outlook.
USDCAD Change in MS, Looking for pullback to fill imbalance and continue down. I see this going to at least 1.38500 ish before a possible reversal.
USDCAD Support and Resistance for next week