Home Polls & Quizzes USDCAD: Will the Support be Held or Breached?

USDCAD: Will the Support be Held or Breached?

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USDCAD has been obeying an ascending Equidistant Channel on the H4 chart. The price after having a rejection from the level of resistance has been heading towards the level of support again. The buyers would love to see that the level is held by the H4 candles. On the other hand, the sellers would love to get a breakout at the support level. Let us have a poll on this.

Scenario 1: The level will be held and the buyers get a long opportunity.

Scenario 2: The level will be breached and the sellers get a short opportunity.

Will the Support be Held or Breached?

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