DeGRAM | USDCAD at strong resistance
USDCAD moved out of the descending channel and created an ascending channel.
The market is consolidating after bouncing off of resistance and dynamic resistance (trendline).
Price is expected to fall from psychological level 1.35000.
We expect the downtrend to continue since the trend is bearish .
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market is consolidating after bouncing off of resistance and dynamic resistance (trendline).
Price is expected to fall from psychological level 1.35000.
We expect the downtrend to continue since the trend is bearish .
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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