USD/CAD - 1.275 or 1.280 - Three Possible Scenarios
At the moment, the price is approaching the resistance level which I expect to turn bearish.
If the trendline is respected, a breakout under 1.275, my targets will be: 1.265 and 1.260.
Note: the trendline resistance (1.275) might not be respected and price might move forward to 1.280 (horizontal resistance).
If you have a different view, please share, I would love to hear your analysis.
If the trendline is respected, a breakout under 1.275, my targets will be: 1.265 and 1.260.
Note: the trendline resistance (1.275) might not be respected and price might move forward to 1.280 (horizontal resistance).
If you have a different view, please share, I would love to hear your analysis.
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