Get started
U.S. Dollar / Canadian Dollar
Education

USDCAD: Key Weekly Levels

By VasilyTrader
snapshot

USDCAD is falling like crazy.

here are the strongest key weekly support levels to catch a pullback:

support 1 - 1.33 - 1.335 area based on a major rising trendline and a horizontal structure
support 2 - 1.30 level based on a horizontal structure

Closest key resistance:
1.37 - 1.38 area based on a horizontal structure



also, many questions about the current price level 1.35
it is also a strong structure level, however, the reaction from it will be most likely quite limited so I have just neglected it on purpose.
however, if you see a decent opportunity on that, why not to try to catch it)
CADcanadiandollarForexSupply and DemandSupport and ResistanceswingtradingTrend AnalysisUSDUSDCADDJ FXCM IndexUSD (US Dollar)
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/ ✅
Also on:

Related publications

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.