Tradingwithtamil

USDCAD QUICK ANALYSIS- WEDGE BREAKOUT AHEAD.

FX:USDCAD   U.S. Dollar / Canadian Dollar
Throughout the market, Cad pair's offering great opportunities at this weekend. Since last night USDCAD moving with a support-confluence,1.31150 will be the immediate resistance to tackle before confronting. The pair's ability to reach next pass gate 1.3190; this pass may hold the quote's rally towards the 1.3265, the 1.3340 and the 1.3385 are the upcoming resistances.

In case the pair dips beneath the 1.2960 on a daily closing basis, the 1.2900, the 1.2865 and the1.2800 can mark their presence on the chart.

TRADER'S BEWARE.

HIT LIKE, COMMENT AND FOLLOW FOR MORE PROFITABLE TRADE IDEAS.

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.