Although a one-month-old support line triggered USDCAD bounce off two-week low, The pair isn’t sure of further upside ahead of the Canadian employment data for February. Considering the oversold RSI conditions and strong support line, USDCAD is likely to keep the latest corrective pullback directed towards a short-term horizontal area around 1.2600. However, any...
Live Challenging Market Analysis Buy USDCAD @ 1.25725
Target @ 1.37131
Entry 2 @ 1.24000
Target Buy 1 & 2 @ 1.37131
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Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.25930).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Our one question Usdcad really 1.24 price nearly down in Mar to 10 April month under??
We some strategy use for this chart analysis and we have see this all strategy,, some of the strategies are indicating that the price of usdcad may go down near 1.24!!
Now Let's What Happen In Upcoming time.
Hope it's This Usdcad blog Help for Your New Trading Power.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2590). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2645). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2665). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
