USDCAD – Trading at an Important Level

The USDCAD is trading near a LT support level, every time the market is near an important level, it trades in a short term range, we then need to establish the ST support and resistance level s that the market needs to break to start either a bearish or a bullish market condition. These are my levels for the USDCAD:

I’m waiting for the market to break either side of the range to start looking for trade opportunities (in the direction of the breakout).

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 .