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Stop!Loss|Market View: USDCAD

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🙌 Stop!Loss team welcomes you❗️
In this post, we're going to talk about the near-term outlook for the USDCAD currency pair☝️

Potential trade setup:
🔔Entry level: 1.39721
💰TP: 1.41321
⛔️SL: 1.39021

"Market View" - a brief analysis of trading instruments, covering the most important aspects of the FOREX market.
👇In the comments👇 you can type the trading instrument you'd like to analyze, and we'll talk about it in our next posts.

💬 Description: Strengthening of the USD is expected in the near future, as noted in previous reviews. Against this backdrop, the Canadian dollar could demonstrate one of the most effective moves in favor of the USD. The buying zone is currently located in the range of 1.39400 - 1.40010. The most likely scenario is an upward reversal from this area with a target of resistance at 1.41400.

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❗️Updates on this idea can be found below👇

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