USDCAD - Jan 07, breakout resistance and retest increase

USDCAD trend forecast Jan 07 , 2026
💬EUR/USD slides more than 0.25% on Tuesday, retreating to around 1.1690 after failing near 1.1740, as weak Eurozone data reinforces concerns over slowing growth. The common currency remains under pressure despite mixed US economic releases and neutral-to-dovish Fed commentary. Meanwhile, the US Dollar stabilizes as geopolitical risk premia fade following the capture of Venezuela’s president, while the lack of progress in Russia-Ukraine peace talks continues to weigh on the euro.
💬 Buying pressure broke through the key resistance level of 1.38000. A bullish cup pattern formed, awaiting a retest of liquidity around 1.38000 and a continuation of the uptrend.
🥇/// BUY USDCAD : zone 1.38000 - 1.37850
SL: 1.37600
TP: 40 - 60 - 100 PIPS ( 1.38850 )
Safe and profitable trading
💬EUR/USD slides more than 0.25% on Tuesday, retreating to around 1.1690 after failing near 1.1740, as weak Eurozone data reinforces concerns over slowing growth. The common currency remains under pressure despite mixed US economic releases and neutral-to-dovish Fed commentary. Meanwhile, the US Dollar stabilizes as geopolitical risk premia fade following the capture of Venezuela’s president, while the lack of progress in Russia-Ukraine peace talks continues to weigh on the euro.
💬 Buying pressure broke through the key resistance level of 1.38000. A bullish cup pattern formed, awaiting a retest of liquidity around 1.38000 and a continuation of the uptrend.
🥇/// BUY USDCAD : zone 1.38000 - 1.37850
SL: 1.37600
TP: 40 - 60 - 100 PIPS ( 1.38850 )
Safe and profitable trading
Trade aktif
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠My channel:
" t.me/+wmcIWR0hqD5mYjhl "
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠My channel:
" t.me/+wmcIWR0hqD5mYjhl "
Publikasi terkait
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.