Tricky Friday presents us with USD/CAD

Hello Traders,

It’s almost Friday, and I can only think of only one valid setup.

Let’s hit the charts:

 

 

1. USD/CAD 

The USD/CAD broke a key support level (1.32494), retested it and we may be seeing support level 1.31917 revisited by price.

If the Bears are aggressive as the trading week drags to a close, we could see the 1.31917 level get broken and price could further slip to the next possible support level (1.31354)

 

What are your thoughts?

Kindly comment below…

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