Get started
U.S. Dollar / Canadian Dollar
Short

USDCAD Approaching Resistance, Potential Reversal

1759
USDCAD is approaching its resistance at 1.3172 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 1.3102 (61.8% Fibonacci retracement). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:
audCADChart PatternschfEURGBPHarmonic PatternsjpyNZDTrend AnalysisUSDUSDCAD

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.
audCADChart PatternschfEURGBPHarmonic PatternsjpyNZDTrend AnalysisUSDUSDCAD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:

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.