Mahtab_Tradia

USDCAD Bearish Structure

做空
FX:USDCAD   美元/加元
Although USD was very strong in the past few weeks, USDCAD had a bearish move.

As you see in the chart, price is facing a downside pressure and has a bearish structure. Moreover, in the weekly time frame, price has approached to the resistance level and is rejected from it.

Currently, there is a support level at 1.28 which is also the last low that price has made. If price breaks this level and closes a bearish candle below it, I expect a continuation on the downside move towards the green levels at 1.2720 and 1.2650

Join My Telegram Channel:
t.me/Tradia_Channel

Follow My Instagram:
Mahtab_Tradia

My YouTube Channel:
youtube.com/channel/UCLVMX3VGgdo8d02jF99SihQ
免责声明

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。