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USDCAD Potential downsides

  • admin
  • March 25, 2023

Hey Traders, in today’s trading session we are monitoring USDCAD for a selling opportunity around 1.385 zone. USDCAD is approaching the daily supply zone of the trend, if the rejection is confirmed i would set 1.34 as a target as it’s considered the next major support USDCAD will be facing. Fundamentally the last FOMC shows dovish sentiments of fed which is bearish dollar so fed pivots sounds officially started.
Trade safe, Joe.

admin

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