💡Don't miss the great sell opportunity in USDCAD

8 Nov 2022

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.35000).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDCAD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.

Take Profits:
TP1= @ 1.34000
TP2= @ 1.33440
TP3= @ 1.32100
TP4= @ 1.30950
TP5= @ 1.29540

SL: Break Above R2

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