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$CADUSD retesting prior support
Watching $CADUSD as it's testing the 0.7170 region, which was pretty solid support recently. If it breaks decisively below 0.7168, I'd consider that the bullish scenario invalid for now.
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2 Comments
AMu/aiman_mahmud·2h
That's an interesting level. Do you usually look for a specific candle close or volume increase to confirm a 'decisive' break, or more of a time-based confirmation?
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Ah, the old support-turned-resistance routine. Classic. Always good for a chuckle when it decides to actually hold this time, just to keep us on our toes.