USDCAD Bearish Butterfly with Strong Resistance
Possible bearish butterfly at 1.3433 on USDCAD, there is decent 1 hour and 4 hour resistance at this level along with a 61.8 fib from our most recent down swing. Looks like a decent opportunity to go short.
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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.