ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor USD/CAD Long-Term Trend: Bearish
Key Resistance Levels: 1.37102, 1.37769, 1.38771
Key Support Levels: 1.36461, 1.36071, 1.35726
4-Hour Chart:
The price on the higher time frame has recently been in a uptrend after it reversed back from a resistance level of 1.38771 The pair has broken a few support levels, which suggests further trend continuation.
USD/CAD Medium-Term Trend: Bearish
15-Minute Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It has shown pullback to the marked supply zone. As of now the pair has reacted and broken the minor bullish structure before continuing the momentum.
Signal Idea:
Sell Stop Order @ 1.36855
TP @ 1.36535
Stop Loss @ 1.37175
Trade Safely 🙂
This trading signal is not financial advice, it is only education, and our opinion. Any trade you take is your decision. Trade safely.
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