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Hello traders,
today I would like to once again analyse USD vs CAD. I wrote about this pair in the past because of pin bar formed at W1 chart. It was really good setup, but against the overall trend and this is cause why price is once more testing strong support at 1.0950. When you change time frame to D1 you will also see that both on W1 and on D1 this area works as solid support. If price break this level there is opportunity to move lower.
As contest is coming to the end I would like to wish you all the best.
Safe trading and be patient !
Paweł
today I would like to once again analyse USD vs CAD. I wrote about this pair in the past because of pin bar formed at W1 chart. It was really good setup, but against the overall trend and this is cause why price is once more testing strong support at 1.0950. When you change time frame to D1 you will also see that both on W1 and on D1 this area works as solid support. If price break this level there is opportunity to move lower.
As contest is coming to the end I would like to wish you all the best.
Safe trading and be patient !
Paweł
