USDCAD tried to break the top but it starts to range and closed at the entry price level

USDCAD Analysis

USDCAD is breaking the top level of the downtrend line in the 1-hour timeframe chart.

While market trying to break this top-level, the USDCAD Buy signal is given.

But, USDCAD re-entered back into the downtrend line and starts to keep moving up and down between the entry price levels for more than 2 days. 

As per our signal rules, the USDCAD Buy signal has closed at the entry price level (break-even).


If the market doesn’t reach target 1 within 2 days, You can change your stop loss to entry price for safe trading.

If the trade is running in loss, you can change the take profit price to entry price.

At all the market conditions, We always want you to trade safe using our signal rules. please read it completely here:

Get Each trading signal with Chart Analysis and Reason for buying or selling the trade which helps you to Trade with confidence on your trading account.

Want to increase your profits in trading? Get the best trading signals at an accurate time. Try premium or supreme signals now:




Forex GDP team provides High Quality Forex signals services exclusively to all type of traders around the world. Each signal given with chart analysis that helps you to trade with confidence on your account. Forex GDP team worked with Major banks, Financial Institutions, Liquidity providers, Forex brokers in different job positions such as Equity Dealer, Fund Manager, Senior Market Analyst, Risk Manager and other major roles in Forex Trading Companies. Try free now to see the quality trades on your account.

Don't trade all time, Trade Forex only at Confirmed Setup