Biaxar

USDCAD Sell Setup

Short
Biaxar Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Today, we will analyze USDCAD
Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section.


Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
Comment:
The direction is what we expected but the entry was not touched since the minor highs were protected and it's close to the strong liquidity in 1.357 and it would make the trend slower
Comment:
It's in the demand zone right now which is the suitable zone for entering short term buy setups

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