Trade of the Day – 8th of April!

USD/CAD

🔹USD/CAD Trade Setup (April 8, 2025):

The pair is in a bearish context with clear R- magnetism, favoring short positions as long as price stays below the DFP line. Resistance zones at 1.42150 and 1.42550 are expected to hold, offering ideal areas to look for rejection and continuation shorts. Selling pressure remains dominant, and lower prices are likely as long as these levels are respected.

Yesterday’s Trade of the Day

🔹EUR/GBP Trade Setup Result (April 7, 2025)