Usdca
USDCAD Approaching Support, Prepare For A BounceUSDCAD is approaching its resistance at 1.3464 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8 % Fibonacci retracement) where it could potentially drop to its support at 1.3340 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback support).
Stochastic (89, 5, 3) is approaching its support where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCAD 4H LONG TRADEThe USDCAD often rises when the EURUSD falls.
Price is stretched away from the ma's
Macd is stretched away from 0 level line
Macd has crossed above red signal line which means possible bullish move
Wait for price to get above current price action
There is a previous and current fractal low creating a previous fractal breakout
Buy stop @ 1.2633
Take Profit @ 1.2690
SL @ 1.2575
Audjpy Holding At SupportIf IT Breaks Out Higher Again Then We Can Say That It Will Remain In A Continuation State.Trade With Your Own Rules.My View IS Based On Deep Research On Pairs.Good Luck!!
