USDCAD- 04Mar2022
On the H4, price is having a dead cat bounce from the lower parallel channel. As some significant support has been broken yesterday, we could expect USDCAD to face strong bearish pressure from 1st Resistance at 1.27320.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the H4, price is having a dead cat bounce from the lower parallel channel. As some significant support has been broken yesterday, we could expect USDCAD to face strong bearish pressure from 1st Resistance at 1.27320.
This is for personal record purposes only, not financial advise or solicitation of trade.
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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.
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.