AlkalineFX

USDCAD - Resistance Wipe

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Price action is suggesting that bulls are still in control.

I would like to see a push into the previous resistance marked before we attempt to start selling this pair.

It is highly likely that liquidity is sitting above those highs and price will be pushed to where orders reside.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.