When looking from technical perspective, the near-term chart shows that buyers are still maintaining the momentum in a move to the upside today. A follow-through buying has the potential to continue lifting the pair further towards 2018 swing high resistance, near the 1.3380-85 region, touched in June. On the flip side, the 1.3300 handle now becomes immediate support to defend, which if broken might accelerate the corrective slide towards the 1.3265-60 horizontal zone.
USDCAD IS IN 1.331 (If going To 1.338 we going to buy strong)
USDCAD If break mirror 1.330 we are sell for tp 1.326
USDCAD IS IN 1.331 (If going To 1.338 we going to buy strong)
USDCAD If break mirror 1.330 we are sell for tp 1.326
Note
Buy Is Active for Entry
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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.