USD/CAD 4-Hour Forecast: Short Position Setup
🔻 **USD/CAD 4-Hour Forecast: Short Position Setup** 📉
USD/CAD is currently trading at **1.38887**, with a potential move down to our target of **1.35251**. Here are the key resistance and support levels we’re tracking as this short position unfolds:
🔍 **Key Levels to Watch:**
- **Primary Resistances:** 1.39587, 1.39309
- **Intermediate Supports:** 1.38237, 1.37647, 1.37154, 1.36888, 1.36610, 1.36248, 1.36094, 1.35641
- **Bearish Target:** 1.35251
💡 **Trading Insight:** Each support level may act as a confirmation for this downtrend if broken. Watching for strong moves at these points will be key.
👉 What’s your view on USD/CAD? Let’s discuss in the comments!
#USDCAD #ForexTrading #4HChart #ShortPosition #PricePrediction #Pipnest
USD/CAD is currently trading at **1.38887**, with a potential move down to our target of **1.35251**. Here are the key resistance and support levels we’re tracking as this short position unfolds:
🔍 **Key Levels to Watch:**
- **Primary Resistances:** 1.39587, 1.39309
- **Intermediate Supports:** 1.38237, 1.37647, 1.37154, 1.36888, 1.36610, 1.36248, 1.36094, 1.35641
- **Bearish Target:** 1.35251
💡 **Trading Insight:** Each support level may act as a confirmation for this downtrend if broken. Watching for strong moves at these points will be key.
👉 What’s your view on USD/CAD? Let’s discuss in the comments!
#USDCAD #ForexTrading #4HChart #ShortPosition #PricePrediction #Pipnest
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