USDCAD pair lost downward momentum, will bounce from daily strong demand zone.
Pair is going break the trend line, expected to move highier, RSI bullish divergence in favour. Comments and likes will be appreciated. Treade idea is NOT a Financial advice.
Pair is in distribution phase, consolidating after a strong bearish divergence on RSI. Swinging between support and resistance. I will enter in sell trade in area between 114.280 to 114.420. Stop loss will be at 114.85 and targets will be 113.256, 111.949, 110.849. Disclaimer This trade idea should not be consider as a financial advice.
Gaining momentum and I am trailing my stoploss. Will close my half position on TP1.
NZD Lost strength and JPY gaining strength, pair could initiate downward water fall.
Expected downward water fall, as USD is gaining strength.
Pair is at monthly supply zone, showing divergence on Currency strength lines and as well on RSI. Downward water fall is expected.
As divergence on Currency Strength lines Pair is expected to fell to the take profit level.
NZDUSD water fall is expected as the pair has lost it momentum and expected to be bounced from resistance line of ascending price channel.