USD/CAD 4-Hour Forecast: Short Position Setup
🔻 **USD/CAD 4-Hour Forecast: Short Position Setup** 📉
USD/CAD is currently trading at **1.38887**, with a potential move down to our target of **1.35251**. Here are the key resistance and support levels we’re tracking as this short position unfolds:
🔍 **Key Levels to Watch:**
- **Primary Resistances:** 1.39587, 1.39309
- **Intermediate Supports:** 1.38237, 1.37647, 1.37154, 1.36888, 1.36610, 1.36248, 1.36094, 1.35641
- **Bearish Target:** 1.35251
💡 **Trading Insight:** Each support level may act as a confirmation for this downtrend if broken. Watching for strong moves at these points will be key.
👉 What’s your view on USD/CAD? Let’s discuss in the comments!
#USDCAD #ForexTrading #4HChart #ShortPosition #PricePrediction #Pipnest
USD/CAD is currently trading at **1.38887**, with a potential move down to our target of **1.35251**. Here are the key resistance and support levels we’re tracking as this short position unfolds:
🔍 **Key Levels to Watch:**
- **Primary Resistances:** 1.39587, 1.39309
- **Intermediate Supports:** 1.38237, 1.37647, 1.37154, 1.36888, 1.36610, 1.36248, 1.36094, 1.35641
- **Bearish Target:** 1.35251
💡 **Trading Insight:** Each support level may act as a confirmation for this downtrend if broken. Watching for strong moves at these points will be key.
👉 What’s your view on USD/CAD? Let’s discuss in the comments!
#USDCAD #ForexTrading #4HChart #ShortPosition #PricePrediction #Pipnest
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.