fxpricemove

fxpricemove

Price is currently holding firm at its 1.32 handle, and is additionally supported with weekly support at 1.3223

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Major Resistance . %61.8 fibo monthly

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CADCHF

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we could see the start of a strong bearish .Be prepared to entry

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Price incline sharply to fill up the rest of sell orders was left behind .R/R is considerable

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If the USDCAD closes the day below the 1.3550 area, it could set up a favorable short opportunity.

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Just pulling back up due to ATR daily is fulled by momentum

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Holding this one short due to trend structure

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Trend is up and doing trend base on new HH and Candlestick formation

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price has tendency to move up after consuming all sell order

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Price are getting choppy around support area 0.6694 and also 3drive pattern already has been formed by paying off some sell orders were placed around 0.6877

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According to PA , all sell orders around 97.7 over Nov ,2018 being consumed .price still roses up nicely with out any LH

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All reason tag on chart .

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Any pull back would be occur over daily chart period but price can rose up after

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This pair is just selloff because of the highly ATR daily movement which was so sharply momentum declined , so expecting to go on correction movement till end of the week .

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50% daily and monthly pivot and Resistance , We are in entrancement mode and it will continue to do so. It is rebounding up soon

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October's opening level & Attraction support and 1.3117 is August opening level and bluish trend line as well

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approaching support where we expect a bounce above this level