#USDCAD
👉New forecast
The price has broken through the support levels. The market is in consolidation or accumulation phase before extension and it creates an rejection candles at the resistance zone that show bears are stonger. The market is in downtrend and I expect breakout and fall from the resistance at 1.33800 price point if price rolls back to it. My goal is support 1.32500.
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My past forecasts on USDCAD 👩‍💻
№1USDCAD +112p✅
№2USDCAD +70p✅
№3USDCAD +42p✅
№4USDCAD +74p✅
№5USDCAD +112p✅
№6USDCAD -25p❌
№7USDCAD +92p✅
№8USDCAD +115p✅
№9USDCAD +232p✅
№10USDCAD +135p✅
№11USDCAD +182p✅
№12USDCAD -50p❌

#USDCAD
👉New forecast
The price perfectly fulfills my last idea. The price has tested the support level and bounced off by forming double bottom .The price failed to break through the support level , this shows bears have not strength left to break it. I'm waiting for the price go to the recent resistance and potentially upper border of the descending channel . My target is resistance at 1.33960

#USDCAD
👉New forecast
The price perfectly fulfills my last idea. The price has tested the resistance zone and bounced off by forming double top . The market creates an engulfing candle at the resistance zone that shows bullish momentum is weakening. The market is in range zone on the daily timeframe and I expect breakout of the channel and fall from the resistance if price rolls back to it. My goal is support 1.35200.

#USDCAD
👉New forecast
The market is pulling back after impulse move downward. It shows bullish momentum is weakening because the main trend is bearish. The asceding channel is pullback. I expect fake breakout of the resistance or double top, then fall from the zone if the price ramains below it. My goal is support around 1.34030

#USDCAD
👉New forecast
The price is testing the resistance zone. The market doesn't have strength to break the level; smalls candle at the resistance zone that shows bullish momentum is weakening. The market has reached strong resistance zone on the 4H timeframe. I expectp a pullback from the zone. My goal is support around 1.35485

#USDCAD
👉New forecast
The market is pulling back after impulse move downward. The bullish momentum is weakening because the main trend is bearish and double top is formed at the resistance zone. The price broke throught desceding channel, it shows that bears are taking a break. I expect an engulfing candle or long tailed bar, then fall from the zone if the price ramains below it. My goal is support around 1.32200

#USDCAD
👉New forecast
The price perfectly fulfills my last idea. It hit the targeted area. The price has tested the support level at 1.32000 and bounced off it.The price failed to break through the support level, this shows bears have not strength left to break it. I'm waiting for the price to form a double bottom at support and retest resistance and potentially upper border of the range zone. My target is resistance at 1.32825

#USDCAD
👉New forecast
The market is heading toward resistance after complex pullback. The market rejected the strong resistanace zone on the 4H timeframe and probably it will range for some time. Price action made impulse move which show the strength of seller. I expect fake breakout of the resistance or double top, then fall from the zone if the price ramains below it. My goal is support around 1.34020

#USDCAD
👉New forecast
The price perfectly fulfills my last idea. It hit the target level. The market is heading toward resistance after range breakout. The market rejected the strong resistanace zone on the 4H timeframe and probably it will continue ranging for some time. The price made impulse move from this level before. I expect fake breakout of the resistance or double top, then fall from the zone if the price ramains below it. My goal is support around 1.34900

#USDCAD
👉New forecast
The price perfectly fulfills my last idea. It hit the target level. The price has tested the resistance zone and border of the upaward channel .The market after updating highs is pulling back to support strong level at 1.3700. It broke roke and fixed above this key support. I'm waiting for short term rollback to support and continue the upward move because the main trend is bullish. My target is resistance at 1.35200