Hi traders,
Here we have a very strong bearish market with the USD/CAD.
A channel has formed and we are expecting the price to go up from here to reach resistance at around 1.27593 where it will retest and continue down the channel to 1.25012.
I will place my short trade at around1.27593
Let me know if this helped.
Here we have a very strong bearish market with the USD/CAD.
A channel has formed and we are expecting the price to go up from here to reach resistance at around 1.27593 where it will retest and continue down the channel to 1.25012.
I will place my short trade at around1.27593
Let me know if this helped.