USD/CAD Long-Term Trend: Bearish

Key Resistance Levels: 1.32444, 1.33537, 1.33852
Key Support Levels: 1.31897, 1.31626, 1.31348
4-Hour Chart:
The price on the higher time frame has been in a downtrend recently after it faced resistance at 1.36000 level and reversed the direction. The pair has successfully broken a few support levels which suggests further trend continuation.
USD/CAD Medium-Term Trend: Bearish

30-Minute Chart:
On the lower time frame, the pair is moving in the major trendโs direction. It broke a consolidation zone of 1.33852 and 1.33537 and has sustained below that. As of now the pair has broken and retested a minor level of 1.32444 before continuing the momentum.
Signal Idea:
Sell Stop Order @ 1.32247
TP @ 1.32000
Stop Loss @ 1.32494
Trade Safely ๐
This one did not make it. Stopped out at your sl
Can’t win them all Jan ๐
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