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U.S. Dollar / Canadian Dollar
Updated

USDCAD DAILY

101
Finally price broke out of consolidation thats been going on with this pair for some time now.. Now I am looking for an entry on the retest of broken daily support at 1.26600 (Retest) before price continues back lower to create new lows !
Note
snapshot Looks like price may be at an area of 4 hour resistance, if price breaks above a deeper retrace to broken daily support is expected
Note
snapshot Option 1..
Profound_Ambition
breakoutcaddollarconsolidationdowntrendlowerlowretestSupply and DemandSupply ZoneSupport and ResistanceTrend AnalysisUSDCADDJ FXCM Index

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breakoutcaddollarconsolidationdowntrendlowerlowretestSupply and DemandSupply ZoneSupport and ResistanceTrend AnalysisUSDCADDJ FXCM Index
Profound_Ambition

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.