TaherJalili

Price Looking to Move Into Resistance

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
As we have discussed quite a bit in recent times, this market is in a pretty clear sideways range pattern.

Whilst that continues to hold we can continue to look to trade both sides of the market.

Price has now made a move higher and is looking to move into the range high and resistance level.

This could be a solid level to start watching for bearish price action clues and potential short trades for the range to continue and for price to make another move back into the range.

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