USDCAD approaching resistance, potential reversal!
USDCAD is approaching its resistance at 1.2920 (100% Fibonacci extension, 100% Fibonacci extension, swing high resistance) and could potentially fall to its 1st support at 1.2703 (61.8% Fibonacci extension, 100% Fibonacci extension, 23.6% Fibonacci retracement, Horizontal pullback support). If it breaks past this level there may be potential to fall further to its 2nd support at 1.2614 (100% Fibonacci extension, 38.2% Fibonacci retracement level, swing low support).
Stochastic (89, 5, 3) has approached its resistance at 96.9% where a corresponding reversal could occur.
Stochastic (89, 5, 3) has approached its resistance at 96.9% where a corresponding reversal could occur.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.