Chart of the Day USDCAD

USDCAD is testing the resistance zone

 

USDCAD is testing the strong upside resistance 1.3350. A daily close above this level is required for an upside continuation. A break below the 1.3250 level would lead to a downside reversal.

ARMAT trading system is neutral

Note: look for the short trade entries with the stop loss above the 1.3320 level. In the case of a stop out reverse to long trades

 

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