FX.co ★ crystal66 | USD/CAD

USDCAD M15 Here, trading took place around the levels of 1.43600, there was selling volume present. I assumed that the pair would move lower. When it reached the support at 1.43212, the support was broken with selling volume. After a slight pullback, there was volume present, and I anticipated that the pair would move slightly lower towards the levels of 1.43422. The selling volume worked here, indicating that it would move towards the support at 1.42905. Then it bounced off this support, there was a range, sell limits were present, and I anticipated a further downward movement. Overall, there is a range here, no significant buying volume, so I believe it will move lower towards the support at 1.42413.