UUSD/CAD seen on *Monthly time-frame Price Action seems to have Broken Structure on *M. However, price still on Strong Supports :
- *M mid-range S/R area - Triangle Bottom Area of Support (broken for now) - Support Trendline from Lows
More confirmations to come The Week ahead in terms of Price Action for the BoS situation & wether supports will hold UUSD/CAD or plunge it.
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Throwing in Volume, we can see *M is below average
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VRVP (Volume Profiile) Price currently trading at VRVP's PoC (Point of Control) Will the points of Support conflicting with each other push the price up ?
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Displaying EMA's we can see price just recently penetrating through 20EMA *M Failing to find it as support Next support, 50 EMA at 1.3065 .
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USD/CAD *Daily (tf) Flirting with broken support Trendline faced as resistance