The USDCAD medium-term break at 1.2860 did not happen as yet.
We stalled and strongly came off.
Now current 1.2641 seems on low side, and besides we got a very low Stochastic RSI not seen for some time.
I suspect we should be buying here and stop-loss below 1.2575 to be safe. Objective would be a 200 pips upward potential is my personal view.
We stalled and strongly came off.
Now current 1.2641 seems on low side, and besides we got a very low Stochastic RSI not seen for some time.
I suspect we should be buying here and stop-loss below 1.2575 to be safe. Objective would be a 200 pips upward potential is my personal view.
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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.