USDCAD 1H FRAME AMZING BUY !!!
The market broke out of the trading range and now is trying to test 78% Fibo at the level of 1.3479. The level of 1.3433 will act as an intraday support now as a market approaches the resistance level. Please notice, the growing bearish divergence between the price and momentum oscillator. Support/Resistance: 1.3503 - WR1 1.3479 - 78%Fibo 1.3433 - Intraday Support 1.3322 - Intraday Support 1.3292 - Weekly Pivot 1.3269 - Intraday Support 1.3167 - WS1 Trading recommendations: The buy orders should be still kept open. TP should be set at the level of 1.3479.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.