USDCAD to reverse from downside confirmation, potential drop!
USDCAD to reverse from its downside confirmation at 1.33177 where it could potentially drop further to 1.32896.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
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Usdcaddaily
USDCAD approaching support, potential for a bounce!
USDCAD is expected to drop to 1st support at 1.32729 where it could potentially react off and up to 1st resistance at 1.33304.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD to climb from upside confirmation, potential bounce!
USDCAD to climb from its upside confirmation at 1.33184 where it could potentially bounce further to 1.33396.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD LONG TERM SPECULATION | SHORT!It appears price is gaining momentum in anticipation of a rally to the downside from 1.33500 zone since it has found it difficult to break this area in the last 2 weeks.
Considering the present volatility in the USD currency, patience is pertinent as the price could break the 1.33500 zone up into the 1.5500 zone before the rally down.
However, price action monitoring is decisive here.
Lower time frame speculation coming up soon
USDCAD potential reversal!
USDCAD expected to rise up to 1st resistance at 1.33400 where it could potentially react off and drop down to 1st support at 1.32750.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
USDCAD potential reversal!
USDCAD expected to rise up to 1st resistance at 1.33521 where it could potentially react off and drop down to 1st support at 1.32908.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
USDCAD approaching support, potential for a bounce!
USDCAD is expected to drop to 1st support at 1.32392 where it could potentially react off and up to 1st resistance at 1.33342.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.