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U.S. Dollar / Canadian Dollar
Updated

Heavy support could be potential buy zone

85
Seems we could be met with some heavy technical support here, i'd keep an eye out.

Confluence checklist:

  • Whole number support

  • 1.272 extension

  • Within support pivot zone #1

Note
Keep in mind heavy fundamental data tomorrow!
Note
Support was broken by fundamentals but the 1.272 level played key role as a pivot point.
Note
Price has moved on down to it's next leg @ 1.1618.
Note
Tested 1.886!
hyped989
Beyond Technical AnalysisChart PatternsconfluencefibextensionsFibonacci RetracementpivotsupportTrend Analysis

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Beyond Technical AnalysisChart PatternsconfluencefibextensionsFibonacci RetracementpivotsupportTrend Analysis
hyped989

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.