Support Zone: Price has retested a strong support area
Price Action: The retest held — buyers defended it, showing rejection wicks / bullish candles.
Bias: Bullish while support holds → look for continuation to next resistance.
Invalidation: Bias weakens if support breaks and closes below the zone.
So as long as price stays above the retested support, USD/CAD remains bullish.
Price Action: The retest held — buyers defended it, showing rejection wicks / bullish candles.
Bias: Bullish while support holds → look for continuation to next resistance.
Invalidation: Bias weakens if support breaks and closes below the zone.
So as long as price stays above the retested support, USD/CAD remains bullish.
Trade ativo
Trade fechado: objetivo atingido
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Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.