Slightly Dovish tones coming from FED chair powell has caused a fall on USDCAD from previous short zones labelled.
Long zones exist below,
1) Tech Bias - Comes from price rejection (longside previously) at this level.
2) Sentiment bias supports tentative sideways movement, would not be shocked if you move to local highs again.
Long zones exist below,
1) Tech Bias - Comes from price rejection (longside previously) at this level.
2) Sentiment bias supports tentative sideways movement, would not be shocked if you move to local highs again.
Note
Key long zones approach now. Entries ideal.Note
Full PA Zone stretched - last chance for longs with early rejection.Note
Unlikely shift will come closing out this week due to July 4. Entries fine to get into Monday if not now (fee avoid)Note
Weak PA on USD sentiment. Hold off any new longs.
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
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Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.