USDCAD ( BUY ORDER 1.60% )

💎 Name : USDCAD
🕐 4HR'S Chart
( ❗️ Short After Break )

🧾 : WHY IS USDCAD GOING DOWN?
Positive economic data from Canada, such as higher GDP growth, lower unemployment, or increased consumer spending, can boost the value of the Canadian dollar (CAD). A stronger CAD can cause the USD/CAD exchange rate to decrease as it takes fewer CAD to buy 1 USD.

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Bullish Break
1.36100 Area
Reasons

Visible Range Hvn
Major channel Middle Band
Major Turn level
Year High Area
W / High
PB 50%

Bullish Reversal
1.38000 Area
Reasons

Major Turn level
Liquidity
Visible Range Hvn
Quarter's Area
Major Resistance

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