USDCAD Quick and Simple Technical Analysis

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Hello there!

I am new to the market and looking to expand and grow my knowledge. This is my first published idea and would love some feedback/conversation.

My technical analysis shows a strong 4 year resistance around 1.4047 and a 2 year support around 1.2775. I have also added another trend line on a slight 3 year rise, giving my 1.2775 support more confidence it will hold and not break. The Bollinger has also been consistent in showing a low band price hit to consider long and high band hit to short.

Wishing everyone the most success.
Craig

Penafian

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