USDCAD dropped to a significant confluence zone.
The underlined blue area on 4H time frame is based on a horizontal demand zone and 382 retracement of the last major bullish impulse leg.
Approaching that area, the price formed a triple bottom formation on 1H time frame and broke its neckline then.
The market will most likely bounce.
Goals: 1.3493 / 1.3517
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅
