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USDCAD at top side resistance
U.S. Dollar / Canadian Dollar
Short
USDCAD at top side resistance
By forexorbit
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Updated
Mar 20, 2020
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Mar 20, 2020
USDCAD
CAD pairs are mostly influenced by the price movements in oil market
*USDCAD has break the major resistance zone 1.41000 and run up to 1.46800 and stalled
*The upward trend-line was broken in One hour chart
*We can expect short term fall back as its in overbought condition
*We can enter at the 1.44700 level which is 78.6% Fibonacci level
*Potential take profit will be 1.41750 which is 50.0 % Fibonacci level
*In between this level there is major deciding level is there which is 6.8% Fibonacci
* Leave your valuable comments below
Mar 20, 2020
Trade active
Our primary entry got triggered now
Mar 20, 2020
Trade closed: stop reached
Mar 20, 2020
Trade closed manually
wrongly updated..even before its reaching our entry point it has reached the target level
Chart Patterns
Trend Analysis
USDCAD
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usdcadforecast
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