USDCAD 1:15 RR Sell Setup - Smart Money Concept
USD/CAD Daily Outlook
Above 1.2876 will resume the rise from 1.2448 to 1.2963 resistance. On the downside, however, break of 1.2680 will turn bias back to the downside for 1.2448 support instead. In the bigger picture, focus stays on 38.2% retracement of 1.4667 (2020 high) to 1.2005 (2021 low) at 1.3022.
Above 1.2876 will resume the rise from 1.2448 to 1.2963 resistance. On the downside, however, break of 1.2680 will turn bias back to the downside for 1.2448 support instead. In the bigger picture, focus stays on 38.2% retracement of 1.4667 (2020 high) to 1.2005 (2021 low) at 1.3022.
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.