USDCAD pullback
Major Trend is bearish
4HR reversed as projected on my previous analysis
4HR broke thru both 4Hr supports converting them into resistances
Confluence Zone (in purple) Projected between 1.33300 & 1.33000
To buy I will wait for reversal signs (in yellow comment box) this might be just a pullback.
Remember that important news are due on Wednesday so might be best to wait if market trades sideways
May the profits be with you!
4HR reversed as projected on my previous analysis
4HR broke thru both 4Hr supports converting them into resistances
Confluence Zone (in purple) Projected between 1.33300 & 1.33000
To buy I will wait for reversal signs (in yellow comment box) this might be just a pullback.
Remember that important news are due on Wednesday so might be best to wait if market trades sideways
May the profits be with you!
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.