USDCAD testing support, potential to rise further!
Price is testing its support at 1.2627 (76.4% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 1.2730 (61.8% Fibonacci extension, 50% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal pullback resistance). If it breaks past this level, it could rise further to 1.2829 (76.4% Fibonacci retracement, 50% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance).
RSI (89) shows a bullish breakout as well as a bullish divergence with price which contributes to our bullish bias.
RSI (89) shows a bullish breakout as well as a bullish divergence with price which contributes to our bullish bias.
Dagangan ditutup: sasaran tercapai
USDCAD broke out of its descending resistance line and moved past our first profit target!
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.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.