FX.co ★ crystal66 | USD/CAD

USDCAD The overall trend in the history previously showed attempts of a positive sentiment, which ultimately failed. At the moment, there is a squeeze towards the intermediate level of 1.386, the main trend is now in a descending rally. I will consider entering a short position after a consolidation below the minimum of 1.376, or a price return to test the broken range of 1.386, which would provide a good price. In this scenario, after the consolidation, the first level for a likely rebound will be the buyers' zone at 1.370, or 1.362. Subsequently, decisions will be made to enter a short position or a long position bounce off the level.