Get started
Dan_C

USDCAD view

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Dan_C  
FX:USDCAD   U.S. Dollar / Canadian Dollar
3
0
USDCAD 4H. We broke the consolidation zone and we have created a channel. The price is most likely to drop to the daily support. After that we have 2 options. We can see a move up back to the Daily Resistance or we can see a drop down to the 4H 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.