USDCAD, an opportinity to go long.
USDCAD / 4H
Hello traders, welcome back to another market breakdown.
Technical analysis: The USDCAD currency pair has been experiencing a bullish trend , with the price consistently breaking higher. Furthermore, on the monthly time frame, the price has rejected a major key level.
However, Today we have CPI data, we I'll be carefull with any setup based on Technical analysis.
The scenario I'm looking at:
Broken resistance becomes support.
Hello traders, welcome back to another market breakdown.
Technical analysis: The USDCAD currency pair has been experiencing a bullish trend , with the price consistently breaking higher. Furthermore, on the monthly time frame, the price has rejected a major key level.
However, Today we have CPI data, we I'll be carefull with any setup based on Technical analysis.
The scenario I'm looking at:
Broken resistance becomes support.
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Youtube:
m.youtube.com/@beatthemarket4871
Our recommended broker EightCap: join.eightcap.com/visit/?bta=37691&brand=eightcap
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