USDCAD at top side resistance
USDCAD
*USDCAD has break the major resistance zone 1.41000 and run up to 1.46800 and stalled
*The upward trend-line was broken in One hour chart
*We can expect short term fall back as its in overbought condition
*We can enter at the 1.44700 level which is 78.6% Fibonacci level
*Potential take profit will be 1.41750 which is 50.0 % Fibonacci level
*In between this level there is major deciding level is there which is 6.8% Fibonacci
* Leave your valuable comments below
*USDCAD has break the major resistance zone 1.41000 and run up to 1.46800 and stalled
*The upward trend-line was broken in One hour chart
*We can expect short term fall back as its in overbought condition
*We can enter at the 1.44700 level which is 78.6% Fibonacci level
*Potential take profit will be 1.41750 which is 50.0 % Fibonacci level
*In between this level there is major deciding level is there which is 6.8% Fibonacci
* Leave your valuable comments below
Trade active
Our primary entry got triggered nowTrade closed: stop reached
Trade closed manually
wrongly updated..even before its reaching our entry point it has reached the target level
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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.
Related publications
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.