The price perfectly fulfills my last idea. It hit the target level. 
USDCAD is basically moving sideways between 1.36000 and 1.38000. The market broke and closed above the strong level at 1.37000. On the daily timeframe, we can see that the major trend is bullish. Additionally, there is a long-tailed bar that took liquidity below the range zone. I expect the market to rollback to support and continue the upward move, potentially breaking through the downward channel and retesting the top of the range zone. My target is resistance at 1.38300
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
USDCAD is basically moving sideways between 1.36000 and 1.38000. The market broke and closed above the strong level at 1.37000. On the daily timeframe, we can see that the major trend is bullish. Additionally, there is a long-tailed bar that took liquidity below the range zone. I expect the market to rollback to support and continue the upward move, potentially breaking through the downward channel and retesting the top of the range zone. My target is resistance at 1.38300Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.