🔰USD/CAD - Simple Analysis to catch Pips by your own this week
🔰 USD/CAD will follow DXY lead - So for this pair is Bullish 🔰
🔻 USDCAD Daily Candle closed Bearish - But the price is trading above our Blue dotted line which was representing a Resistance to this Bearish Trend from last year
🔹 Our Next Bearish Support from here is 1.2600 following our Target as a Major Support for the week
🔹 As long as the price is holding Above 1.2600 will remain in Bullish Market
✅ Bullish Oil + DXY will support this pair to trade Higher
🔔 We will trade USDCAD when the price give us a good Risk to Reward opportunity - at the moment before London Session we will remain Neutral
🔻 USDCAD Daily Candle closed Bearish - But the price is trading above our Blue dotted line which was representing a Resistance to this Bearish Trend from last year
🔹 Our Next Bearish Support from here is 1.2600 following our Target as a Major Support for the week
🔹 As long as the price is holding Above 1.2600 will remain in Bullish Market
✅ Bullish Oil + DXY will support this pair to trade Higher
🔔 We will trade USDCAD when the price give us a good Risk to Reward opportunity - at the moment before London Session we will remain Neutral