Looking at the USD/CAD pair for 1 hour it is noticeable that it is gaining some pips at the price level of 1.3300 Should there be a continuous appreciation in the price, the next resistance level will be 1.3325 with the next support level at 1.3295.
It is common to lose money in forex trading due to its inherent volatility and complexity. Factors such as market fluctuations, leverage, and emotional decision-making can lead to losses. Successful traders mitigate these risks through disciplined risk management and continuous learning. LQDFX Broker’s free educational resources and webinars are helpful for earning knowledge about trading.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Bookmarks