USDCAD: movement along the resistance before the collapse

290
Since June 2020, the price has been falling in a downtrend almost without breaking through its main trend lines. After each touch of the resistance line (June 2020), the price starts a small downtrend to support. Now the price is at the resistance level 1.259, which it reached at the end of March. We can expect a fall in the price to support 1.238.

Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.