USD/CAD Approaching Supply Area on weekly time frame

Short

U.S. Dollar / Canadian Dollar (FX:USDCAD)

Updated

FX:USDCAD U.S. Dollar / Canadian Dollar

Trend Analysis

trendanalysis

Price is approaching supply area between 1.31760 - 1.33862 marked in dark red lines. There is a potential selling opportunity highlighted in yellow between 1.31380 - 1.32400 if price starts showing a reversal on the daily time frame. I'll update this post as needed.

Comment:

Updated chart after market open, levels slightly adjusted.

snapshot

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