Get started
Trader_Landry

USDCAD probably needs to take a break

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Trader_Landry Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Support and Resistance Fundamental Analysis USDCAD
7
2
trendanalysis supportandresistance fundamental usdcad
The fundamentals of the US dollar have been strong for a while and USDCAD was able to have outstanding performances and will continue to have those performances as long as the US datas stay strong. However, if we look at the technical side of things, price failed to go higher, which could signal that at the moment buyers are losing control and the price could fall before it continues higher...
Target 1 : 1.3600
Target 2 : 1.3500
Comment:
Approaching Target 1
Comment:
Target 1 hit
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.