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USDCAD BUY: Weekly, Daily & 4hr Breakdown Analysis

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USDCAD Long

+ Weekly: This pair is still looking bullish. Although last weeks candle closed bearish it tried to break below 1.3300 monthly support but the bulls stepped in causing a rejection. Moving averages are bullish.

+ Daily: Price is now currently in a range between 1.3390 resistance & 1.3300 support with the recent touch being off resistance.

+ 4hr: When price tapped 1.3390 price made a new high. Price is now on its way down to possible entry point at 1.3300 support + 3rd bounce off ascending trendline. Next target 1.3390 top of the range.

Dagangan ditutup: sasaran tercapai

Penafian

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