Following previous trades, USDCAD is reaching the falling support once again.
On paper, prices should hit the support and rise back up to the resistance line.
However, one should be cautious trading this pair as the pattern has been followed for so long.
This means that it is only a matter of time before market structure breaks.
Nevertheless, I will continue to trade this pair until the markets have shown me otherwise.
On paper, prices should hit the support and rise back up to the resistance line.
However, one should be cautious trading this pair as the pattern has been followed for so long.
This means that it is only a matter of time before market structure breaks.
Nevertheless, I will continue to trade this pair until the markets have shown me otherwise.