Will the USDCAD turn down towards its monthly pivot?
Updated
USDCAD 4H chart:
Price is retesting the 14 EMA-line and will be interesting to stay tuned. or price moves up again, or will break the 14 EMA down.
If it breaks the trendline it will fall down with the intention to mark the monthly pivot.
TP is monthly pivot of October at 1.235
Price is retesting the 14 EMA-line and will be interesting to stay tuned. or price moves up again, or will break the 14 EMA down.
If it breaks the trendline it will fall down with the intention to mark the monthly pivot.
TP is monthly pivot of October at 1.235
Trade closed manually
trade started very well, but completely bullishwe will wait for next opportunity to get in the market
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.