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USDCAD: Classic Range Trading ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡จ๐Ÿ‡ฆ

ืชืžื•ื ืช-ื‘ื–ืง

Hey traders,

As we earlier discussed, USDCAD is stuck within a horizontal trading range.
Yesterday the price reached its upper boundary.

A bearish engulfing candle that was formed then is a perfect indicator of the strength of sellers.
For that reason, the pair will most likely drop to 1.269 / 1.2665 levels.

โค๏ธPlease, support this idea with like and comment!โค๏ธ


ื”ืขืจื”
Check my new idea on GBPAUD:
GBPAUD: Bearish Continuation ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ฆ๐Ÿ‡บ

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