USD/CAD - Channel Pattern (22.04.2025)

22 Apr

The USD/CAD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Channel Pattern. This suggests a shift in momentum towards the downside in the coming hours.

Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.

Target Levels:
1st Support – 1.3771
2nd Support – 1.3745

🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !

Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.

Best Regards, KABHI_TA_TRADING
Thank you.

22 Apr

Dagangan aktif

Order Placed

22 Apr

Nota

Fundamental Updates : (22.04.2025)
1. The U.S. dollar dropped to its lowest in three years because President Trump criticized the Federal Reserve's leader, Jerome Powell, on social media.

2. President Trump is unhappy with Jerome Powell, the head of the Federal Reserve, for not lowering interest rates. Trump thinks firing Powell could weaken the U.S. dollar, which he wants.

22 Apr

Nota

now running in Profit