Market Trying to Reverse

FX:USDCAD   U.S. Dollar / Canadian Dollar
We discussed this market last week and the important intraday resistance level we were hunting short trades.

After selling off twice at this level, price is now once again looking to make another test.

Looking at the longer-term charts the trend is clearly lower and this level looks key.

This market is now attempting to make a reversal back higher and a break of this resistance would be the first step to watch for.

Thanks for your like and support.


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