Hi Traders,
USDCAD will continue with the current bullish momentum until it reaches key resistance at the 1.4280 level. At this point, I'm expecting to see some reversal where price will continue the down trend. At current levels, look to join the current upside momentum only when price pulls back. Otherwise, look for short position from the blue box.
Regards
Wave Theorist
USDCAD will continue with the current bullish momentum until it reaches key resistance at the 1.4280 level. At this point, I'm expecting to see some reversal where price will continue the down trend. At current levels, look to join the current upside momentum only when price pulls back. Otherwise, look for short position from the blue box.
Regards
Wave Theorist
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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.