Hello traders
USD/CAD is moving inside of a downward channel. now it arrived at support zone after breaking the upward trendline.
also RSI is in oversold zone.
So it is possible to see an upward corrective wave as pullback.
Thanks for reading
USD/CAD is moving inside of a downward channel. now it arrived at support zone after breaking the upward trendline.
also RSI is in oversold zone.
So it is possible to see an upward corrective wave as pullback.
Thanks for reading
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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.