USDCAD After a powerful bullish run, USD/CAD has reached a major resistance zone around 1.41782 - 1.42088.
Price is showing signs of exhaustion near this area, and if buyers fail to break above resistance, a pullback could develop. The first bearish target sits at 1.41308, with further downside potential toward 1.40881 and 1.40293.
A decisive breakout above 1.42088 would invalidate
📉 Bias: Bearish below 1.42088
🔻 Targets: 1.41308 → 1.40881 → 1.40293
🚫 Invalidation: Sustained break above 1.42088
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
Price is showing signs of exhaustion near this area, and if buyers fail to break above resistance, a pullback could develop. The first bearish target sits at 1.41308, with further downside potential toward 1.40881 and 1.40293.
A decisive breakout above 1.42088 would invalidate
📉 Bias: Bearish below 1.42088
🔻 Targets: 1.41308 → 1.40881 → 1.40293
🚫 Invalidation: Sustained break above 1.42088
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
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• Free Trading Signals (Daily) 📈
• Best Broker Rates & Rebates ✅
• Partnership Support 🤝
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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.