Usdcaddaily
USDCAD BUY IDEA ** JUST AN IDEA. NOT A SIGNAL **
It seems like there is a multi time frame forming where if the trades breaks out of 1.36623 then the trade will look to go long.
If it rejects the line then we look for a short and retest.
From the weekly analysis we can assume the trade will look to continue an uptrend until it looses further momentum.
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USDCAD to climb from upside confirmation, potential bounce!
USDCAD to climb from its upside confirmation at 1.37297 where it could potentially bounce further to 1.38711.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD to reverse from downside confirmation, potential drop!
USDCAD to reverse from its downside confirmation at 1.35257 where it could potentially drop further to 1.33160.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD potential bounce!
USDCAD expected to reverse up to 1st support at 1.36339 where it could potentially react and bounce to its resistance at 1st resistance at 1.38730.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.