USDCAD at Key Resistance: Bearish Bounce Expected

17 Oca

USDCAD is approaching a significant resistance zone, marked by historical price rejections and strong seller activity in the past. The current market structure indicates the potential for a reversal in this area if price action confirms seller strength.

If the price confirms rejection from this resistance zone, I anticipate a move downward toward the 1.43925 level, which represents a logical target within the current market structure

What are your thoughts on this analysis? Feel free to share any additional insights or alternative perspectives in the comments!

17 Oca

İşlem aktif

17 Oca

İşlem kapandı: hedefe ulaştı

Take Profit Hit