Hello Everyone,
The currency pair (USDCAD) throughout the past week consolidated and then gained traction towards a downward (bearish) identity. A reversal or further consolidation may be imminent. Be cautious and let market action take place (Support Level 1 or Resistance 1).
Resistance Level 1 - (1.34680 - 1.34730) 50 pip interval
Blue Horizontal Line - (1.33200 -1.33250) 50 pip interval
Support Level 1 - (1.32430 - 1.32480) 50 pip interval
Support Level 2 - (1.31100 - 1.31150) 50 pip interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Plan)***
-LionGate
The currency pair (USDCAD) throughout the past week consolidated and then gained traction towards a downward (bearish) identity. A reversal or further consolidation may be imminent. Be cautious and let market action take place (Support Level 1 or Resistance 1).
Resistance Level 1 - (1.34680 - 1.34730) 50 pip interval
Blue Horizontal Line - (1.33200 -1.33250) 50 pip interval
Support Level 1 - (1.32430 - 1.32480) 50 pip interval
Support Level 2 - (1.31100 - 1.31150) 50 pip interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Plan)***
-LionGate
Note
Price Rejected At KPZ (Key Price Zone) - Further Downward (Bearish) Momentum Appears To Be Taking Place.-LionGate
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.