In USDCAD, we currently have a price that is in a long trend. Everyone is waiting for the big day of the FED, which is tomorrow. Technically, we have two scenarios: a short one, aiming for a price rebound in the 1.365 area within the supply I have highlighted, or a rebound in the 1.353 area within the demand I have highlighted, aiming for a long trade.
Let me know what you think.
Have a nice trading.
Forex48 Trading Academy.