Gooday people,
as you can see on my chart, the VW share built a downward channel facing the support line of previous levels.
From here we can take a quick 0.5 to 1% gain trading a long position.
RSI looks promising.
Lets see how it rolls out.
cya.
Always trade on your own analysis.
Gooday Guys,
we just had a Breakout of USDCAD. Looking at the 1 hour chart, we had a rising flag in price which price now broke out of.
Major resistance is set at 1.366.
Be careful with the overbought RSI though. It could easily fall back to current levels.
Give me your thoughts in the comments!
cya.
Trade carefully - Build your own analysis.