USDCAD - Negative Range
Generally, the direction is uptrend
Uptrend Side: We will remain in an uptrend as long as the price remains above 1.3961. Consequently, the resistance levels at 1.4015, 1.4063, and 1.4122 will serve as our targets.
Downtrend Side: A break below the support level of 1.3961, confirmed by the closing of a 4-hour candle, will validate a downward trend, with 1.3884 as the next target on the downside.
Tendency Keys: 1.3961
Uptrend Side: We will remain in an uptrend as long as the price remains above 1.3961. Consequently, the resistance levels at 1.4015, 1.4063, and 1.4122 will serve as our targets.
Downtrend Side: A break below the support level of 1.3961, confirmed by the closing of a 4-hour candle, will validate a downward trend, with 1.3884 as the next target on the downside.
Tendency Keys: 1.3961
Trade active
The USD/CAD exchange rate exhibited positive movement yesterday but has since declined, moving once again below. This development keeps the corrective bearish scenario valid in the short term, with a break of the 1.3916 level anticipated to pave the way for further decline toward the next corrective target at 1.3884.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.