USDCAD ( BUY ORDER 1.60% )
💎 Name : USDCAD
🕐 4HR'S Chart
( ❗️ Short After Break )
🧾 : WHY IS USDCAD GOING DOWN?
Positive economic data from Canada, such as higher GDP growth, lower unemployment, or increased consumer spending, can boost the value of the Canadian dollar (CAD). A stronger CAD can cause the USD/CAD exchange rate to decrease as it takes fewer CAD to buy 1 USD.
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Bullish Break
1.36100 Area
Reasons
Visible Range Hvn
Major channel Middle Band
Major Turn level
Year High Area
W / High
PB 50%
Bullish Reversal
1.38000 Area
Reasons
Major Turn level
Liquidity
Visible Range Hvn
Quarter's Area
Major Resistance
——————————
🕐 4HR'S Chart
( ❗️ Short After Break )
🧾 : WHY IS USDCAD GOING DOWN?
Positive economic data from Canada, such as higher GDP growth, lower unemployment, or increased consumer spending, can boost the value of the Canadian dollar (CAD). A stronger CAD can cause the USD/CAD exchange rate to decrease as it takes fewer CAD to buy 1 USD.
——————————
Bullish Break
1.36100 Area
Reasons
Visible Range Hvn
Major channel Middle Band
Major Turn level
Year High Area
W / High
PB 50%
Bullish Reversal
1.38000 Area
Reasons
Major Turn level
Liquidity
Visible Range Hvn
Quarter's Area
Major Resistance
——————————
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