USDCAD ANALYSIS
USDCAD broke the downtrend line
price above SMA 100
price rebounded from :
- uptrend line
- HVN around 1.2685
- key level around 1.2665
- 38.2 % fib level
MACD shows the start of bullish momentum
RSI above 50
so it's expected bullish movement to resistance level around 1.2950
price above SMA 100
price rebounded from :
- uptrend line
- HVN around 1.2685
- key level around 1.2665
- 38.2 % fib level
MACD shows the start of bullish momentum
RSI above 50
so it's expected bullish movement to resistance level around 1.2950
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