USDCAD Bullish signal emerged inside a 15 month Rectangle.
USDCAD has hit the 0.236 Fibonacci level of the 15 month Rectangle pattern after a continuous decline since the November 1st High.
This level has been a technical buy entry on 5 occassions.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 1.36350 (0.618 Fibonacci level).
Tips:
1. The RSI (1d) has printed a Falling Support, which has been a bottom formation on April 13th and June 22nd.
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This level has been a technical buy entry on 5 occassions.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 1.36350 (0.618 Fibonacci level).
Tips:
1. The RSI (1d) has printed a Falling Support, which has been a bottom formation on April 13th and June 22nd.
Please like, follow and comment!!
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