U.S. Dollar / Canadian Dollar

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U.S. Dollar / Canadian Dollar forum


USDCAD The USD/CAD pair is maintaining a steady structure after recent swings, reflecting a market that is balancing between consolidation and trend continuation. Liquidity sweeps have occurred on both sides, signaling that price is collecting orders before the next directional move.

USDCAD USDCAD Trading Signal (15m chart):

🔹 Entry Point: 1.38466
🔹 Resistance Zone: 1.38466 – 1.38582
🔹 Stop Loss: 1.38582
🔹 Take Profit Target: 1.37449

📉 Analysis:
USDCAD rejected the resistance zone around 1.3846 – 1.3858, showing strong bearish pressure. As long as the price trades below this area, the downside move is favored, targeting 1.3745.

✅ Signal: Sell
🎯 Target: 1.37449
🛑 Stop Loss: 1.38582
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