Saturday, May 18, 2024

+800 Points Profit Reached Successfully in USD/CAD Buy Signal
1 mins well spent

USD/CAD Analysis : 

USD/CAD has moved up and down between the resistance and support zones in H1 Chart.

Breakout happened at the Resistance zone.

usd cad broken the resistance zone in H1 chart

The Old resistance zone becomes a new support zone which helps the market not to fall down back inside the range.

After the confirmation of Upward movement, USD/CAD Buy signal is given.

Education note:

If breakout happened at the resistance or support zone, then the breakout level becomes a new support or resistance.

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usd cad reached +800 points profit
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