USD/CAD bears continue to dominate and price is getting closer to my 1.34 target as mentioned in my earlier market commentary.
In the hourly chart, breaking 1.3480 clearly will take the price to 1.34 level. So, my recommendation is to sell the rallies. Do not rush and start buying because bulls have not showed up yet.
In the hourly chart, breaking 1.3480 clearly will take the price to 1.34 level. So, my recommendation is to sell the rallies. Do not rush and start buying because bulls have not showed up yet.
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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.