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USDCAD Analysis Sept 13, 2020

USDCAD Analysis Sept 13, 2020

On the monthly timeframe we are testing a key level of support. On the weekly timeframe we closed last week with an inverted hammer candle that is normally a sign of reversal. On the H4 timeframe we are in an uptrend and fighting to keep the HL that just formed. On the 30m timeframe we either need to hold the blue random line level of support in order to go long or if we break we will look to short.

from Trading Ideas
via gqrds

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