In this video, I break down a potential bullish setup on USD/CAD based purely on technical analysis using support and resistance zones on the 4H and Daily timeframes.
Key Highlights:
Strong price bounce off major support zone
Former resistance flipping into support
Bullish market structure with higher lows forming
My price target: 1.37400
Invalidation zone: 1.35334
Key Highlights:
Strong price bounce off major support zone
Former resistance flipping into support
Bullish market structure with higher lows forming
My price target: 1.37400
Invalidation zone: 1.35334
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.
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.