USDCAD > Irresistible Trading Plan for A Buy!!

Analysis of #USDCAD

Hello friends,

thank you for taking the time to read my analysis, my only wish it earns your likes and comments.

I have not been lately a fan of dollar trades, the only pair that i might make an exception for is the USDCAD.

looking at the hire tie frame I can see that traders defended the key level structure daily and on weekly, it seems that 1.3000 is a very important level for traders inside this market.

however, this pair did not make much of movement to the upside as well, I expect the pair to move toward 1.3240 a big resistance level.

the plan is to look for a drop toward 1.3040ish and look for a reason to enter this buy trade targeting 1.3240

Really appreciate your support and feedback
Check today analysis below⠀


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-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You