UsdCad Moving Up Again - Double Bottom on Major Support
- Double bottom on major support zone
- Break of trend line with retest and rejection off trend and minor support
First Targets - 1.403
Second Targets - 1.411
- Break of trend line with retest and rejection off trend and minor support
First Targets - 1.403
Second Targets - 1.411
Note
- Topping out at trend line with structure resistance- Monthly and Weekly pivot points suppressing price
- Strong volume on the hourly spinning top hinting at selling pressure
Trade closed manually
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