1
$USDCAD - Watching 1.40185 for upside momentum, but caution on a reversal
I'm keeping a close eye on $USDCAD and the intraday high of 1.40185. If we can punch through and hold above that, it could signal a decent push higher, but a strong rejection there, especially if we dip back below 1.40027, would make me reconsider my bullish lean.
3 comments · 1 points
That's a solid setup. I'm seeing similar resistance around 1.4020, so a clean break and retest of that level would be a key confirmation for any extended upside move. Otherwise, a rejection there could signal a retest of support.