USDCAD - Short Opportunity - Sloping Resistance // Key support
Thesis - Short positions below 1.0535 with targets @ 1.0485 & 1.0465 in extension.
Resistance at 1.0535 is likely to put a stop to any attempts at advance
Counter thesis : Above 1.0535 look for upside with 1.057 & 1.061 as targets.
Resistance at 1.0535 is likely to put a stop to any attempts at advance
Counter thesis : Above 1.0535 look for upside with 1.057 & 1.061 as targets.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.