USDCAD broke uptrendline
Price is based below key level at 1.3620
Below SMA 100
MACD shows start of bearish momentum
Price is rejected from level 50 on RSI which represents as a resistance level
we r waiting price to break support level at 1.3545 and HVN at 1.3566 to open short trade
It's expected for coming bearish wave to target first support level 1.3490
then finally target demand zone at 1.3355
Price is based below key level at 1.3620
Below SMA 100
MACD shows start of bearish momentum
Price is rejected from level 50 on RSI which represents as a resistance level
we r waiting price to break support level at 1.3545 and HVN at 1.3566 to open short trade
It's expected for coming bearish wave to target first support level 1.3490
then finally target demand zone at 1.3355