USD/CAD reached a key level of resistance on the D1 timeframe.
What others are predicting
We see other traders’ analysis on the live trading charts, that show:
Here are my thoughts!
- Price has reached a key resistance level on the D1 timeframe
- Use trail stop for maximum pip potential
- Price is below the 200 SMA
- Price is overbought
Our target range for the short entry is: 1.31185 – 1.30521
Cheers to another successful week!