January 17th USDCAD FX Chart Analysis

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it’s BitcoinGuide.

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I will begin USDCAD FX Chart Analysis for January 17th







As you can see, this is 30m candle chart.

Please be aware of the converging section.

It is expected that the direction will be turned out in between the supporting and resistance line.

Please check out long position entry timing and entry price point.

If the price goes down below orange trend line, you can operate short position.

Please also check AUDUSD which moves the opposite way to USDCAD.

I hope you also cope with the section where I put blue finger pointer.

Hope you have a good weekend.

See you next week.

Thank you.




(Translation

Jae Ho Shin)