USDCAD – Trading near a LT important level

The USDCAD is trading near a LT support level, we need to wait for the Canadian dollar to break the short term zone before we start looking for trade opportunities.

Here is where I have my levels:

If the USDCAD breaks the upper green resistance level I’ll start to look for long opportunities

If the USDCAD breaks the bottom green support level, it will trigger a bearish market condition and only short opportunities will be in play.

Trade Safe!

Raul Lopez
Forex Training

USDCAD Analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .