This pair has reached a daily support and resistance that was last tested 1 Oct 18.
Oversold in both the Daily and 4hr time frames.
looks like its going to break its down trend in the 1hr chart.
Oversold in both the Daily and 4hr time frames.
looks like its going to break its down trend in the 1hr chart.
Commentaire:
Second chance to enter long on USDCAD as it retraces lower to make a comeback. might bounce off the 1hr 1.27806 area, if not then then the daily support(pink) at 1.27732.