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U.S. Dollar / Canadian Dollar
Long

USDCAD facing bullish pressure pressure from 1st support!

By Tickmill
Broker
USDCAD is facing bullish pressure from 1st support level, in line with the 61.8% fib retracement and horizontal pullback support, where we could see a further bounce above this level towards 1st resistance where the 50% fib retracement and 88% fib retracement are. EMA(34) also shows that price is on support.
CADChart PatternsforexsignalsHarmonic PatternsTrend AnalysisUSDUSDCAD
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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