Usdcaddaily
USDCAD approaching support, potential for a bounce!
USDCAD is expected to drop to 1st support at 1.31836 where it could potentially react off and up to 1st resistance at 1.32711.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD approaching support, potential for a bounce!
USDCAD is expected to drop to 1st support at 1.32394 where it could potentially react off and up to 1st resistance at 1.32800.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD approaching resistance, look out for potential reversal!
USDCAD is approaching its resistance at 1.32550 where it is could reverse down to its support at 1.32040.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
ANALYSIS ON USDCADANALYSIS ON USDCAD
Welcome to my analysis
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30Min CHart
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Interesting Point of interest In the USDCAD pair.
- Price above 100/200 day EMA.
- sell at top 1.3700 zone.
- Expecting more downward momentum.
- Watch 1.31900-1.3800 for take profit.
- MACD showing bearish divergence
Stay Tuned
USDCAD approaching resistance, look out for potential reversal!
USDCAD is approaching its resistance at 1.32314 where it is could reverse down to its support at 1.31965.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.