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USDCAD > Reached a Resistance Level!!! Can We Sell?
U.S. Dollar / Canadian Dollar
Short
USDCAD > Reached a Resistance Level!!! Can We Sell?
By TheTradersAvenue
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Jul 10, 2020
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Jul 10, 2020
Analysis of #USDCAD
as we know this pair relate to oil very much and been in a sideways movement for a while now.
we see the price reached a good resistance level and could see some reaction down from here.
I like selling dollar here but am hesitant to do so, because of the way it formed and that it could turn to head and shoulder.
Say thanks by liking this idea if it's helpful to you.🙌⠀
check today analysis below⠀
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-DISCLAIMER: This information is not a recommendation to buy or sell. it is to be used for educational purposes only
⚠ please note the ideas is valid only if it happened as i said above
-Before trading my ideas please make your own analysis.⠀
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Supply and Demand
Support and Resistance
tradingaxis
Trend Lines
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