USDCAD is testing a structural support line after failing to break above a descending triangle. This 🧭 bearish bias follows repeated rejections at the overhead resistance, keeping price compressed between key horizontal boundaries.
The current ⚡ break below support acts as a pivot. A confirmed daily close under this level invalidates the recovery attempt and signals a 🎯 downward continuation toward deeper range lows. We watch for sustained selling pressure to solidify this breakdown.
🗳️ USD - Markets are positioning ahead of the US Congressional Elections scheduled for November 3rd.
🔑 Key Levels
🚧 Resistance: 1.41500
🛡️ Support: 1.39000
交易结束：到达目标
+164 PIPS DONE
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📊 24/7 AI chart bot
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📊 24/7 AI chart bot
👇 Explore the tools and follow my updates:
t.me/lingridchannel
👇Telegram For Crypto
t.me/gainmuse
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。