Since the beginning of May touch of 1.33 support, UsdCad has started to rise and reached 1.37 zone resistance.
Here we have the pair tapped twice and reverse with the second drop also breaking under the short-term rising trend line.
This could suggest a double top could be in progress and a drop under 1.3550 would bring confirmation.
I'm bearish as long as previous high is intact and sellers could target the base of the recent range
Here we have the pair tapped twice and reverse with the second drop also breaking under the short-term rising trend line.
This could suggest a double top could be in progress and a drop under 1.3550 would bring confirmation.
I'm bearish as long as previous high is intact and sellers could target the base of the recent range
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Publicações relacionadas
Aviso legal
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.