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MyBtcZoneOfficial

USDCAD Analysis

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
MyBtcZoneOfficial  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Support and Resistance Supply and Demand
4
0
trendanalysis supportandresistance supplyanddemand
USDCAD made a 190+ pip bullish move yesterday.
Price retested 1.23065 support level and shot to the upside. Currently price is retracing.
I will be selling this pair around 1.24574 level and my target will be 1.23663 and 1.23065 support levels. Price created an imbalance with long bullish candles that is why I am expecting a retrace.
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