USDCAD potential trend reversal
- Price is rejecting the support zone and hitting a low which only been touched/tested on the 2nd of February 2019.
- The bar formed by the price looks like a signal of a trend reversal
- If the price didn't manage to break the support zone, I'm projecting the price will go up to R3 level.
- But if it managed to break the support zone, it may went down until 1.3000 level.
Watch the support zone closely as it is a strong zone. Price only touched the zone last 4 months.
- The bar formed by the price looks like a signal of a trend reversal
- If the price didn't manage to break the support zone, I'm projecting the price will go up to R3 level.
- But if it managed to break the support zone, it may went down until 1.3000 level.
Watch the support zone closely as it is a strong zone. Price only touched the zone last 4 months.
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