USDCAD is approaching a short term trendline. A breakout and confirmation above the trendline will open the roof for this pair to retest the previously made high before dropping massively to fill the gap.
The Pair has a possibility too, of bouncing from the trendline, breaking below the lower trendline, and finally filling the gap.
My bias for this pair is Short if the upper trendline holds else a short term Long and then Short the pair, taking profit near the gap.
Fundamentals on USD may affect the pair
The Pair has a possibility too, of bouncing from the trendline, breaking below the lower trendline, and finally filling the gap.
My bias for this pair is Short if the upper trendline holds else a short term Long and then Short the pair, taking profit near the gap.
Fundamentals on USD may affect the pair
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.