USD/CAD continues to trade within a defined sideways channel, following a strong rejection near the 1.3925 resistance zone. The recent formation of a lower high has pushed price into the 1.3764–1.3693 support area, where buyers are attempting to hold the line.
A bounce from this demand zone could lead to a short-term recovery toward 1.3850, but the overall structure remains corrective. A clear break above the descending trendline would be needed to shift the momentum back in favor of the bulls and confirm a broader reversal.
A bounce from this demand zone could lead to a short-term recovery toward 1.3850, but the overall structure remains corrective. A clear break above the descending trendline would be needed to shift the momentum back in favor of the bulls and confirm a broader reversal.
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Website - rtedinvesting.com/
Free Telegram Channel - t.me/rtedinvestingofficialfreechannel
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。