According to my analysis we saw a bearish trend forming down till is reaches where the support level is unfortunately price fail to break below the support level that show that the buyers would be taking charge of the market pushing price up to a bullish trend. Next week is clear that USDCAD would be bullish if the buyers fully take charge of the market with a strong buying force before market close tomorrow.
If you are taking the trade note that is not a financial advice apply and manage your risk very well. Most importantly consider your lot size.
If you are taking the trade note that is not a financial advice apply and manage your risk very well. Most importantly consider your lot size.
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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.