USDCAD weekly analysis
Last week turned out to be amazing because USDCAD performed as expected and reached the target level.
This week, I look at two possible scenarios to happen.
1) Price continues to to the next close resistance level 1.32318, retests it and moves to our next target of 1.34221 support turned resistance level
2) The price does a pullback to resistance turned support level of 1.3042 region and then heads to our first target of 1.3231 and then heads to 1.34221 as mentioned in the first point.
This week, I look at two possible scenarios to happen.
1) Price continues to to the next close resistance level 1.32318, retests it and moves to our next target of 1.34221 support turned resistance level
2) The price does a pullback to resistance turned support level of 1.3042 region and then heads to our first target of 1.3231 and then heads to 1.34221 as mentioned in the first point.
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