FX.co ★ bridget.franecki | TST as the Foundation for Medium-term Trading

Yesterday I forecasted and reacted humanly to what I wrote in the morning about usd/cad, and after the price went up, we got a decrease, although not to the starting point of the day. Today, the levels are also resisting the decrease, not only below the lower channel boundary at 1.3930, but also below the current values due to their location in the mandatory zone. However, if yesterday we started with a decrease, we cannot know that yet, so today's bearish scenario with a breakthrough of the mandatory zone is a good scenario. But considering the end of the week, we may see growth towards 1.4000, where the daily balance is, and from there continue the decrease from Monday.