USDCAD was able to make a higher opening price as we can see in the chart. (Red circle) Price Level will recover back to that price level in a matter of time. Having said that, the closest support level will be @1.3340. As of now, this is the direction I will be looking towards trading USDCAD and will be wise to have a bearish bias when entering any trade for USDCAD.
FOLLOW us on Tradingview for latest updates and analysis!!!! Do LIKE if you agree with our idea and COMMENT to share your analysis as well as your idea on this pair. Cheers and happy trading!!! Drop me a private message on Tradingview for free telegram group!!!
FOLLOW us on Tradingview for latest updates and analysis!!!! Do LIKE if you agree with our idea and COMMENT to share your analysis as well as your idea on this pair. Cheers and happy trading!!! Drop me a private message on Tradingview for free telegram group!!!