USDCAD is testing a structural support line after failing to break above a descending triangle. This 🧭 bearish bias follows repeated rejections at the overhead resistance, keeping price compressed between key horizontal boundaries.
The current ⚡ break below support acts as a pivot. A confirmed daily close under this level invalidates the recovery attempt and signals a 🎯 downward continuation toward deeper range lows. We watch for sustained selling pressure to solidify this breakdown.
🗳️ USD - Markets are positioning ahead of the US Congressional Elections scheduled for November 3rd.
🔑 Key Levels
🚧 Resistance: 1.41500
🛡️ Support: 1.39000
交易結束：目標達成
+164 PIPS DONE
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👇 Explore the tools and follow my updates:
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👇Telegram For Crypto
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。