Wednesday, May 15, 2024

USD/CAD starts to move down after Re-testing the Resistance Zone for 3rd time
1 mins well spent

USD/CAD Analysis : 

USD/CAD reaches the Resistance zone for 3rd time and it fails to Breakout the top level.

After Fed Increasing it’s interest rate, US market becomes more weaker.

This is the reason, the USD/CAD has made a huge fall from the Resistance Zone.

Let’s wait for the market to reach the major zones to place a trade on USD/CAD.

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