The above model speaks for itself but we will add some points anyway!
We already had 3 encounters with the diagonal resistance line and everyone responded in descents, and at this moment we are a few pips from the resistance!
The Stochastic indicates Overbought
We have a start of a red Ichimoku cloud that warns of a downward trend.
Target: 1.32
If usdcad breaks the resistance this signal will be canceled
We already had 3 encounters with the diagonal resistance line and everyone responded in descents, and at this moment we are a few pips from the resistance!
The Stochastic indicates Overbought
We have a start of a red Ichimoku cloud that warns of a downward trend.
Target: 1.32
If usdcad breaks the resistance this signal will be canceled
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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.