Hello Everyone i just want to share my VSA (Volume Spread Analysis ) to you people so you can understand that how beautifully volume and spread works and as you can see I have shared D1 chart analysis Price has break the level with increasing volume which we called absorption and now we have to wait for the price to come at support with low volume and in the near...
As per my opinion USD CAD pair will be bearish because NFP data become negative and USD index is on high mark which is temporary i think and as soon as pandemic will ease oil deamnd will be high so i suggest to sell this pair .
oil prices are eally very low due to virus threat but it cant go long so i think soon the USD CAD will move downword at the level of 1.3400 and if break 1.38051 level then it will go long so if you have balance then you can put short for long term..
