USCCAD - Fan Breaks
USDCAD is moving off the Demand Zone after a break of the Down Trend Line ( Fan1) .
Price has broken Structural Resistance and is now testing it as Support.
Look for a break of the second Fan Line , as price moves up to test the
Fibonacci .50 level. That would be the projected Fan 3 level.
The bias presently for this pair is Long.
Price has broken Structural Resistance and is now testing it as Support.
Look for a break of the second Fan Line , as price moves up to test the
Fibonacci .50 level. That would be the projected Fan 3 level.
The bias presently for this pair is Long.
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