Hi there! It's channeling down and respecting trendline support and resistance so far. in my opinion USDCAD will be a SELL unless there are more fundamentals favoring USD. If price breaks the channel, we can think in long trade.
I love such entries because risk-reward is good.
GOOD LUCK and take entry according to your balance.
Please support our setups with your likes, comments and by following me on TradingView, thanks!
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.