As we earlier discussed, USDCAD is stuck within a horizontal trading range. Yesterday the price reached its upper boundary.
A bearish engulfing candle that was formed then is a perfect indicator of the strength of sellers. For that reason, the pair will most likely drop to 1.269 / 1.2665 levels.
❤️Please, support this idea with like and comment!❤️
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.