USDCAD: Your Trading Plan For Today 🇺🇸🇨🇦

snapshot

USDCAD is consolidating on a key level.
We see a narrow horizontal range on 1H time frame.

To buy the pair with a confirmation, watch 1.369 - 1.37 horizontal resistance.
IF the price breaks and closes above that on 1H, probabilities will be high that we will see
a pullback from the underlined structure.

Goals will be 1.374 / 1.378

If the price sets a new lower low, the setup will become invalid.

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CADcanadiandollardollarDouble Top or BottomFibonacciForexMultiple Time Frame AnalysistradertradingUSDUSDCADDJ FXCM Index

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