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USDCAD : Will drop again ?
U.S. Dollar / Canadian Dollar
Short
USDCAD : Will drop again ?
By Arazmajeed
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Aug 7, 2023
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Aug 7, 2023
USDCAD
OUTLOOK
The price of USDCAD reached at the strong support in the 1.3388 zone and that is high reached three times since 12 Jun
we expected that the price will drop again due to the strong resistance zone
the expect trading range for today is between the resistance zone and support line 1.3332
Best chance to trade
Best chance to entry , stabilized under resistance zone it will be under sell pressure to reach again to 1.3254
what is your opinion ??
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