USDCAD ANALYSIS
USDCAD broke uptrendline
Price is based below key level at 1.3620
Below SMA 100
MACD shows start of bearish momentum
Price is rejected from level 50 on RSI which represents as a resistance level
we r waiting price to break support level at 1.3545 and HVN at 1.3566 to open short trade
It's expected for coming bearish wave to target first support level 1.3490
then finally target demand zone at 1.3355
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.