Dolar A.S. / Dolar KanadaSingkat
USDCAD showed a bearish breakout, potential for drop
Description:
Price has shown a bearish breakout from our Pivot point at 1.26461, which is in line with 78.6% Fibonacci retracement, 127%, 100% Fibonacci extension and horizontal graphical area. We could potentially see price retest the broken pivot area and drop towards our 1st support level at 1.25478. It is worth noting that price is trending under the Ichimoku cloud and MACD is under the 0 line, in line with our bearish view.
Pivot: 1.26461
Why we like it:
78.6% Fibonacci retracement, 127%, 100% Fibonacci extension and horizontal graphical area
1st Support: 1.25478
Why we like it:
-61.8%, 127% Fibonacci extension and -27% fibonacci retracement
1st Resistance: 1.27055
Why we like it:
88% Fibonacci retracement, 50% fibonacci extension and horizontal graphical resistance.
Trading FX & CFDs carries high risk.
Price has shown a bearish breakout from our Pivot point at 1.26461, which is in line with 78.6% Fibonacci retracement, 127%, 100% Fibonacci extension and horizontal graphical area. We could potentially see price retest the broken pivot area and drop towards our 1st support level at 1.25478. It is worth noting that price is trending under the Ichimoku cloud and MACD is under the 0 line, in line with our bearish view.
Pivot: 1.26461
Why we like it:
78.6% Fibonacci retracement, 127%, 100% Fibonacci extension and horizontal graphical area
1st Support: 1.25478
Why we like it:
-61.8%, 127% Fibonacci extension and -27% fibonacci retracement
1st Resistance: 1.27055
Why we like it:
88% Fibonacci retracement, 50% fibonacci extension and horizontal graphical resistance.
Trading FX & CFDs carries high risk.
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.