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USDCAD Medium term Trendline break

Oleh TradingTechs
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USDCAD managed to break the medium term trendline that acted as a springboard from October. As long as we get a close below the trendline we target previous swing lows at the 1.3379 area and then support at 1.3300-1.3266 area. Please have a look at the related idea for a longer term possible outlook. A close above the downward sloping trendline means trouble for shorts
Nota
Inside day formed yesterday. A break below yesterday's low or above yesterday's high should see some follow through for a day trade. Longer term levels are the trend line above and swing lows coming in at 1.3266
Nota
Broke Inside Day lows
syot kilat
Nota
USDCAD coming into area of support. Should be stops below 1.3265 (previous swing low)
syot kilat
Dagangan ditutup: sasaran tercapai
Pre-NFP target hit
Nota
PA slowed down right inside the area of support. A clean break lower should target the lower bound of the channel
syot kilat
Nota
USDCAD tagged lower bound of the channel as discussed and bounced into previous support area(now resistance area) syot kilat
loonieUSDCAD
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