The Canadian dollar, as we mentioned yesterday, has risen and the aforementioned resistance area has been targeted
Now we expect the continuation of the decline from the selling liquidity resistance area at 1.2805 levels, to target the purchasing liquidity support area at 1.255p levels, from which we expect the week’s low to form.
But in the event that a four-hour candle closes above the level of 1.2839, we expect the bullish wave to continue and target the selling liquidity resistance area at 1.2967 levels, from which it is expected to form the top of the week
Reading your article helped me a lot and I agree with you. But I still have some doubts, can you clarify for me? I’ll keep an eye out for your answers.