Hello everyone! Today I made a quite ordinary analysis on USDCAD. I think that we are in a small correction to the downtrend, so it means we will find a new resistance zone and go down as tendency tell us.
I predict this resistance zone will be at 1.33270 - 1.33500, so i put my order(sell limit) on this levels.
Factors 1. Inside Trend Line(second touch) 2. Strong resistance level (on historical data) 3. Strong sell-interest zone 4. Confirmation PA pattern(?)