USDCAD long term analysis

10 thg 9, 2023

The price reach an important sell zone between 1.36508 and 1.37000 and fortunately 1D trend line is also present in this area so we can take a low risk sell position with the targets below, i think the price move a bit higher again to the zone and then stars the main bearish move:

TP1: 1.35893
TP2: 1.34803
TP3: 1.34070
TP4: 1.33350
TP5: 1.32624(400 pips)