The Usd/Cad has been on my radar ever since it broke below 1.24069 and now after the push lower and the pullback price is getting very close to retesting this old support level. If price does retest this level and produce a large bearish price action signal to indicate the level is now acting as resistance I will be looking to short his pair. When we have a very strong level to watch off the daily charts it’s important to use the lower time frames because they¬† increase our chances of finding the price action signals we desire.

usdcad hunting Let’s see where price goes today!

Regards Jeremy

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