USD-CAD TREND CONTINUATION SELL OPPORTUNITY
USD-CAD- PAIR BROKE SUPPORT OF 1.3500 ON H-1 TIME FRAME HELD SINCE JUNE 12, 2020. IT SUGGESTS THAT PAIR MAY CONTINUE IT'S LONG TERM BEARISH TREND.
SO, WE CAN PREDICT THAT BEARS CAN DRAG THE PAIR TOWARDS PREVIOUS DAILY SUPPORT OF 1.3325 AREA. TRADERS SHOULD WAIT FOR FIRM ENTRY SIGNAL BEFORE TAKING ANY SHORT POSITION.
SO, WE CAN PREDICT THAT BEARS CAN DRAG THE PAIR TOWARDS PREVIOUS DAILY SUPPORT OF 1.3325 AREA. TRADERS SHOULD WAIT FOR FIRM ENTRY SIGNAL BEFORE TAKING ANY SHORT POSITION.