USDCAD Quick and Simple Technical Analysis
Hello there!
I am new to the market and looking to expand and grow my knowledge. This is my first published idea and would love some feedback/conversation.
My technical analysis shows a strong 4 year resistance around 1.4047 and a 2 year support around 1.2775. I have also added another trend line on a slight 3 year rise, giving my 1.2775 support more confidence it will hold and not break. The Bollinger has also been consistent in showing a low band price hit to consider long and high band hit to short.
Wishing everyone the most success.
Craig
I am new to the market and looking to expand and grow my knowledge. This is my first published idea and would love some feedback/conversation.
My technical analysis shows a strong 4 year resistance around 1.4047 and a 2 year support around 1.2775. I have also added another trend line on a slight 3 year rise, giving my 1.2775 support more confidence it will hold and not break. The Bollinger has also been consistent in showing a low band price hit to consider long and high band hit to short.
Wishing everyone the most success.
Craig
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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.