USDCAD: Key Weekly Structure Ahead!!! 🇺🇸🇨🇦

2021年5月7日

USDCAD is trading in a huge trading range on a weekly.

1.467 is its high.
1.207 is its low.

Now the price is quite close to the lower boundary of the range.
Taking into consideration that the pair is heavily oversold,
quite soon we can expect a decent pullback.

For now, let the price drop lower and then keep monitoring daily time frame for confirmation.

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2021年5月10日

註釋

Check my new idea on GOLD: