USDCAD ANALYSIS
DAILY CHART:
On the Daily Chart we can see the whole negative wave that has been affecting this pair. At the moment, price is respecting the support line and we can see a consolidation moment in the last week.
According to my analysis, I expect a bullish week on the USD pairs, after a big negative wave.
The Labeled price is the first resistance that price will face in a bullish possible bullish wave, so the 1.34832 price is marked up as my first TP
4H CHART:
One more time, We can clearly see price respecting the support line with the presence of a big consolidation moment, showing a possible revearsel pattern during this week .
On the Daily Chart we can see the whole negative wave that has been affecting this pair. At the moment, price is respecting the support line and we can see a consolidation moment in the last week.
According to my analysis, I expect a bullish week on the USD pairs, after a big negative wave.
The Labeled price is the first resistance that price will face in a bullish possible bullish wave, so the 1.34832 price is marked up as my first TP
4H CHART:
One more time, We can clearly see price respecting the support line with the presence of a big consolidation moment, showing a possible revearsel pattern during this week .
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