미국 달러 / 캐나다 달러

Lingrid | USDCAD selling OPPORTUNITY in the Sideways MARKET

USDCAD is currently moving sideways after a bullish trend that began in September. It has encountered a strong resistance zone that was established in March 2020. Therefore it’s possible that the price may consolidate for an extended period following such a strong upward move. At present, price action is trading within the range established in the previous week. The price is forming a clear range, consistently bouncing between the top and bottom levels. I expect the market to continue consolidating, providing opportunities to capitalize on the sideways movement. My goal is support zone around 1.43730


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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