USDCAD Battle Lines Drawn
USD/CAD has carved out a well-define monthly opening-range just above the August trendline.
Yearly open resistance at 1.3545 with bearish invalidation at 1.3688
Key support confluence at 1.3390/98 with a break lower exposing 1.3225 & 1.3110
Michael Boutros, Sr Technical Strategist with FOREX.com
Follow Michael on MBForex
MBForex
Yearly open resistance at 1.3545 with bearish invalidation at 1.3688
Key support confluence at 1.3390/98 with a break lower exposing 1.3225 & 1.3110
Michael Boutros, Sr Technical Strategist with FOREX.com
Follow Michael on MBForex
MBForex
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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.