get ready for USDCAD to bounce on the resistance then SELL
USDCAD is approaching its resistance at 1.3464 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8 % Fibonacci retracement) where it could potentially drop to its support at 1.3340 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback support). Stochastic (89, 5, 3) is approaching its support where a corresponding bounce...
The USDCAD often rises when the EURUSD falls. Price is stretched away from the ma's Macd is stretched away from 0 level line Macd has crossed above red signal line which means possible bullish move Wait for price to get above current price action There is a previous and current fractal low creating a previous fractal breakout Buy stop @ 1.2633 Take Profit @...
If IT Breaks Out Higher Again Then We Can Say That It Will Remain In A Continuation State.Trade With Your Own Rules.My View IS Based On Deep Research On Pairs.Good Luck!!