USDCAD Follow Descending Channel Bullish From Key Support1.36700

2 Jun

📊 USDCAD Technical Setup – 4H Chart
By Alex 😉

USDCAD has been respecting a descending channel, but we've just seen a bullish bounce from key support at 1.36700 – a critical area buyers have stepped in.

🚀 Technical Targets:

🎯 1st Target: 1.37700
🎯 2nd Target: 1.38700
🎯 3rd Target: 1.40000 – Watch this zone closely, as it aligns with a bearish order block.

The structure looks promising for bulls short-term, but keep an eye on price action near the 1.40000 resistance.

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2 Jun

Dagangan aktif

📈 USDCAD Trade Update – 4H Chart
By Alex 😉

✅ Entry Level Hit: 1.37700
Price has reached our 1st target zone, showing strong momentum off the 1.36700 support. Now watching how price reacts as we approach the next levels.

🚀 Next Key Targets:
🎯 2nd Target: 1.38700
🎯 3rd Target: 1.40000 – Bearish OB remains a key zone to monitor for potential reaction or reversal.

📌 Still in the trade, managing risk and watching structure develop.

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