Since the end of January, USDCAD has been trading in a well-defined range:
1.3500 → strong support, consistently defended by buyers
1.3750 → clear resistance, held by sellers
At the moment, price is pressing toward the upper boundary.
🔍 What stands out
There are notable similarities with the June–July 2025 structure:
- The previous range lasted ~6 weeks → same as now
- Three touches before breakout → same as now
- Break occurred from a confluence resistance → similar positioning now
❓ So, can we expect the same outcome?
It’s a valid scenario, but it still needs confirmation.
📈 If I’m right
We get a clean breakout above resistance, and continuation follows.
➡️ Target: 1.4000 zone
📉 If I’m not
The range remains intact, and price rejects again from resistance.
➡️ Invalidation: a break below last week’s low
Waiting for confirmation. 🚀
1.3500 → strong support, consistently defended by buyers
1.3750 → clear resistance, held by sellers
At the moment, price is pressing toward the upper boundary.
🔍 What stands out
There are notable similarities with the June–July 2025 structure:
- The previous range lasted ~6 weeks → same as now
- Three touches before breakout → same as now
- Break occurred from a confluence resistance → similar positioning now
❓ So, can we expect the same outcome?
It’s a valid scenario, but it still needs confirmation.
📈 If I’m right
We get a clean breakout above resistance, and continuation follows.
➡️ Target: 1.4000 zone
📉 If I’m not
The range remains intact, and price rejects again from resistance.
➡️ Invalidation: a break below last week’s low
Waiting for confirmation. 🚀
Trade ist aktiv
UsdCad finally broke to the upsideTrade geschlossen: Ziel wurde erreicht
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📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎Get Funded Up to $1 Million with SabioTrade
Use my exclusive link and get 30% OFF your challenge.
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Verbundene Veröffentlichungen
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🎯 Want More Trading Ideas?
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎Get Funded Up to $1 Million with SabioTrade
Use my exclusive link and get 30% OFF your challenge.
👉shorturl.at/b5yyz
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎Get Funded Up to $1 Million with SabioTrade
Use my exclusive link and get 30% OFF your challenge.
👉shorturl.at/b5yyz
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.