UsdCad- Correction to 1.35?
After the break above the important 1.32 resistance, UsdCad accelerated its gains and reached very 1.4 psychological figure.
This top is marked by a strong bearish pin bar, suggesting that a correction could follow.
After an initial drop to 1.36, the pair is in recovery and this rally can offer bearish opportunities for selling in anticipation of a new leg down.
UsdCad should be sold above 1.38 with 1.35 in focus and negation above 1.4
This top is marked by a strong bearish pin bar, suggesting that a correction could follow.
After an initial drop to 1.36, the pair is in recovery and this rally can offer bearish opportunities for selling in anticipation of a new leg down.
UsdCad should be sold above 1.38 with 1.35 in focus and negation above 1.4
Christmas & New Year Offer: 40% Discount- More Details: t.me/IacobMihai
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.