USD/CAD 1.3951 Key level
USD/CAD trade descending channel and near 1.3951 support.
We see that the pair does HL and every time when hit support (1.3951), then bounces upside.
I think if pair can break that support, then further weakening is potential.
Of course, don't forget that the 200-EMA is also close and can bring buy orders in market.
When the pair goes upside and brake channel resistance and 1.4100, then I must rethink.
We see that the pair does HL and every time when hit support (1.3951), then bounces upside.
I think if pair can break that support, then further weakening is potential.
Of course, don't forget that the 200-EMA is also close and can bring buy orders in market.
When the pair goes upside and brake channel resistance and 1.4100, then I must rethink.
Note
So, today we see that UC broke 1.3947 support.Ordre annulé
When the pair is break below 1.3947 and come back, there was no signal at 1.3947.Also pair break channel resistance, so now I am bullish.
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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.