USDCAD: Key Weekly Levels

٢ يونيو ٢٠٢٠

USDCAD is falling like crazy.

here are the strongest key weekly support levels to catch a pullback:

support 1 - 1.33 - 1.335 area based on a major rising trendline and a horizontal structure
support 2 - 1.30 level based on a horizontal structure

Closest key resistance:
1.37 - 1.38 area based on a horizontal structure



also, many questions about the current price level 1.35
it is also a strong structure level, however, the reaction from it will be most likely quite limited so I have just neglected it on purpose.
however, if you see a decent opportunity on that, why not to try to catch it)