Chart of the day $USDCAD

USDCAD is testing the only upside resistance left 1.3420 level

On the USDCAD daily chart, we can see that the pair is going for a test of the upside resistance 1.3420 level. A daily close above this level is required for the extended upside continuation into the 1.3700 level. Rejection here could lead to a pullback into the 1.3200 level.
Note: look for the long trade entries on a price action break above the 1.3420 level

USDCAD technical analysis

 

 

Telegram channel https://t.me/Trendtradingdna

TRY US FOR 14 DAYS

Sponsored by our recommended broker LMFX (US traders acceptable) Try our Managed accounts

Make the trade

Scroll to Top
×