1H Chart Explanation:
- Price broke the Ascending Trendline and is currently on a Bearish Corrective Structure.
- Price is on a Resistance Zone.
- If it breaks the Structure at 1,32452, it has potential to move down towards the Fibo Levels.
You can check our Top and Bottom Analysis on USDCAD in the Related Ideas.
Updates coming soon!
- Price broke the Ascending Trendline and is currently on a Bearish Corrective Structure.
- Price is on a Resistance Zone.
- If it breaks the Structure at 1,32452, it has potential to move down towards the Fibo Levels.
You can check our Top and Bottom Analysis on USDCAD in the Related Ideas.
Updates coming soon!