USDCAD Two Possibilities

٨ نوفمبر ٢٠٢٠

If we see a break of the 4HR resistance, we could see a further sell off to daily lows. Our bias is short, based off price action and election fundamentals. However, if we get an impulsive bullish break of the key level at 1.309, we could go long with a target of recent highs.