The price perfectly fulfilled my last idea.
USDCAD
is heading toward resistance after a complex pullback. The market rejected the strong resistance zone on the 4H timeframe, and probably it will reject the resistance and fall because the market is basically ranging around the 1.35000 key level. The price action made two impulse moves, which show the strength of the seller side. I expect a fake breakout of the resistance or double top, then fall from the zone if the price ramains below the upper border of the downward channel. My goal is the support around 1.34910
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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