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USD-CAD MAJOR BREAKOUT|STRUCTUTRE ANALYSIS
U.S. Dollar / Canadian Dollar
Short
USD-CAD MAJOR BREAKOUT|STRUCTUTRE ANALYSIS
By ProSignalsFx
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Updated
Sep 4, 2020
4
4
4
Aug 27, 2020
X USDCAD has had a confirmed broken out of the 2 year (thick) support line
X Small support broken today too
X Now falling in a downward channel
X Next meaningful support levels are lines S1 and S2
X Downtrend continues
X Expect correction upwards at some point
X Wait for the downward channel resistance breakout upwards, to go long
LIKE+SUBSCRIBE=CARMA BOOST!!
Thanks for reading!
Sep 4, 2020
Note
Target 1 reached!
analysis
CAD
canadiandollar
Chart Patterns
dollar
forecast
Technical Indicators
Trend Analysis
USD
USDCAD
usdcadshort
ProSignalsFx
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