USDCAD With a High Potential Short
Hey Guys!
I was looking at the USDCAD pair and we can observe that we are on a very strong weekly resistance from. and USDCAD has been in that weekly range since June 2019, so there is a high potential of resistance. But we should also remind that we have macroeconomic announcements about USA and Canadian employment rates. So we will take a closed look at our market and entering conditions to hold properly before taking any position in the market.
Let me know below what do you think in the comments below. (Like if you think it's a good idea)
I was looking at the USDCAD pair and we can observe that we are on a very strong weekly resistance from. and USDCAD has been in that weekly range since June 2019, so there is a high potential of resistance. But we should also remind that we have macroeconomic announcements about USA and Canadian employment rates. So we will take a closed look at our market and entering conditions to hold properly before taking any position in the market.
Let me know below what do you think in the comments below. (Like if you think it's a good idea)
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