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USD/CAD Potential Downward Movement

Started by forex4you, Nov 09, 2022, 06:13 am

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USD/CAD Potential Downward Movement

USD/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.3525, 1.3595, 1.3682 Key Support Levels: 1.3376, 1.3291, 1.3213 Daily Chart: The price on the higher time frame was trading in an uptrend and recently it has reversed direction after facing resistance at the 1.3813 level. It has tested that area several times and rejected which indicates a …

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