USDCAD- 13Apr2022
On the H4, price dropped but bounced back to the 200MA resistance. With H4 Stochastic still at resistance, we could expect price to pull back to at least 1st Support at 1.25715. H1 RSI is also indicating negative bearish divergence for a pull back.
This is for personal work record purposes only, not trade / financial advise or solicitation of trade.
On the H4, price dropped but bounced back to the 200MA resistance. With H4 Stochastic still at resistance, we could expect price to pull back to at least 1st Support at 1.25715. H1 RSI is also indicating negative bearish divergence for a pull back.
This is for personal work record purposes only, not trade / financial advise or solicitation of trade.
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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.