USDCAD has been continuing its retracement after finding support early this week.
However, price is soon reaching a supply zone, which coincides with the 68.2% fibo level. Should price be resisted here, it would be a good opportunity to short USDCAD again. If price were to break above this zone, next level of resistance could be seen at previous major consolidation, around 1.3935 - 1.3880.
However, price is soon reaching a supply zone, which coincides with the 68.2% fibo level. Should price be resisted here, it would be a good opportunity to short USDCAD again. If price were to break above this zone, next level of resistance could be seen at previous major consolidation, around 1.3935 - 1.3880.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.