TaherJalili

Price is Now Back in Range

FX:USDCAD   U.S. Dollar / Canadian Dollar
Price is now stuck in a sideways move on the daily chart of this pair.

As the daily chart shows; whilst price has been in an overall down-trend, in recent times price has been stuck in a range.

Price is now looking to sell back lower and into the recent support level.

Until we get a clean break either higher or lower, we can look to play both sides of the range on both the daily and intraday charts from the major support and resistance levels.

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