The price is testing the resistance zone.
USDCAD
is moving sideways on the 4H timeframe. The market has reached a strong resistance zone on the D timeframe, which suggests that we may have a pullback from the resistance zone. There is high-impact upcoming news we should be aware of that can shake the price in any direction. I expect a pullback from the resistance zone and a move down toward the middle of the range below. My goal is the support around 1.35329
USDCAD
is moving sideways on the 4H timeframe. The market has reached a strong resistance zone on the D timeframe, which suggests that we may have a pullback from the resistance zone. There is high-impact upcoming news we should be aware of that can shake the price in any direction. I expect a pullback from the resistance zone and a move down toward the middle of the range below. My goal is the support around 1.35329