Position Formation - 4hr Interval - USDCAD

Hello Everyone,

The currency pair (USDCAD) throughout the past week consolidated and then gained traction towards a downward (bearish) identity. A reversal or further consolidation may be imminent. Be cautious and let market action take place (Support Level 1 or Resistance 1).

Resistance Level 1 - (1.34680 - 1.34730) 50 pip interval

Blue Horizontal Line - (1.33200 -1.33250) 50 pip interval

Support Level 1 - (1.32430 - 1.32480) 50 pip interval

Support Level 2 - (1.31100 - 1.31150) 50 pip interval

Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Plan)***

-LionGate

코멘트:

Price Rejected At KPZ (Key Price Zone) - Further Downward (Bearish) Momentum Appears To Be Taking Place.

-LionGate