USDCAD Weekly.
As we can see, we have approached a weekly supply Zone, and during the approach we saw multiple breaks of structure via the current expansion over the past few weeks... the market is overall bullish but a price drop is expected to test the order block/demand Zone which was responsible for the break of the major Resistance/supply Zone.
A buy Limit may be placed @ 1.24896 which is inside our point of interest, and sellers may ride the sell until that price is reached.
A buy Limit may be placed @ 1.24896 which is inside our point of interest, and sellers may ride the sell until that price is reached.
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