USDCAD continued moving within it's range without a direction this week.
This is good for us as it provides a clear selling price, at the top of the range.
Before closing, USDCAD got supported at the bottom of the range once again, therefore, this week we could look to sell USDCAD at the top of the range once price gets resisted.
However, if USDCAD breaks above the current range first, we could wait to sell USDCAD at previous supply zone.
This is good for us as it provides a clear selling price, at the top of the range.
Before closing, USDCAD got supported at the bottom of the range once again, therefore, this week we could look to sell USDCAD at the top of the range once price gets resisted.
However, if USDCAD breaks above the current range first, we could wait to sell USDCAD at previous supply zone.