FX.co ★ USD/CAD

On the 30-minute chart of the USD/CAD pair, we can see: Previously, there was a strong downward impulse. Currently, a deep upward correction is taking place. The price has hit a key resistance at 1.3670–1.3690. The trend is still bearish on the higher timeframe, with the rise being corrective. SELL (priority) Zone: 1.3680 – 1.3700 Entry: stop / false breakout SL: 1.3725 TP: 1.3630 1.3585 Trading based on the larger movement. BUY (only on a pullback) Zone: 1.3600 – 1.3585 Entry: quick buyout SL: 1.3560 TP: 1.3660 – 1.3680 Counter-trend, scalp only. Avoid Do not go long above 1.3700 Do not enter in the middle of 1.3630–1.3660 Do not hold positions — the market is corrective Outcome Main scenario: SELL from 1.3680 BUY — only on a pullback Be precise from the levels