May 28, 2025
Trade ideas
USDCAD, H4
On the H4, USDCAD recovers after a decline, facing the 1.3840 resistance area.
The Aligator's lips cross the jaw upwards while the MACD breaks above the 0-line, suggesting an upside; however, the resistance level is still strong.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Timur Yurdagyul
By registering, you accept FBS Customer Agreement conditions and FBS Privacy Policy and assume all risks inherent with trading operations on the world financial markets.