USDCAD broke major uptrendline
Pair broke 61.8% Fibonacci level at 1.3615 which corresponds to strong golden support level
Pair is based below supply zone at level 1.3666
Below SMA 100 on daily frame
MACD shows bearish momentum
RSI is in downtrend
It's expected for price going down towards HVN at level 1.3293 which corresponds to 78.6% Fibonacci level
then finally target demand zone at 1.2959
Pair broke 61.8% Fibonacci level at 1.3615 which corresponds to strong golden support level
Pair is based below supply zone at level 1.3666
Below SMA 100 on daily frame
MACD shows bearish momentum
RSI is in downtrend
It's expected for price going down towards HVN at level 1.3293 which corresponds to 78.6% Fibonacci level
then finally target demand zone at 1.2959
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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.