USD/CAD - Price Cycles down to Long Term Support

١٥ فبراير ٢٠٢١

We've seen USD weakness continue into the new trading week. Price produced a lovely break and retest setup on this pair, breaking our yellow support zone and retracing to retest this area - before price fell 85 pips in the following 4 hours.

Price now resides at long term support. Will we see this level broken or will dollar bulls be sitting at this level?

Have a great trading week all!