Please note we have posted a BUY Idea on 1H time frame. (refer related idea)
The 4H USDCAD looks bearish currently going up to retest the trendline as well as the Daily resistance which is strong enough to reverse the price.
Fundamentally, USD has displayed some temporary strength which could last only until the daily resistance.
The First target is immediate support, second target is the next major support.
If you like our ideas, please support us with a like, share, follow, and comment
The 4H USDCAD looks bearish currently going up to retest the trendline as well as the Daily resistance which is strong enough to reverse the price.
Fundamentally, USD has displayed some temporary strength which could last only until the daily resistance.
The First target is immediate support, second target is the next major support.
If you like our ideas, please support us with a like, share, follow, and comment
