USDCAD Analysis April 26, 2020
On the weekly timeframe we closed last week with a lot of buyers exhaustion out of our weekly supply zone! On the daily timeframe we respected a key level of daily resistance but at the moment are slowing up as we retested a minor level of support. I am manly focusing on the H1 flag that is forming. We need to break below the lower trend line and H4 support level before heading lower and that is what I will wait to confirm.
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