usdcad

I am looking for selling opportunities around the current supply level of 124 which is lining up with the Fibonacci level 61.8. If this area is violated to the upside. I will be looking for another sell around the next major supply area on the daily chart around the 126 zone. We have been slowly moving up but know where near the way the bears were moving. So overall I'm still looking for selling opportunities around these key levels.

Commento:

This pair retraced nicely on my supply levels. I'm looking for bearish evidence as this pair makes it's way to a major supply zone.