USDCAD Bounced Off Support, Potential to Rise Further!
USDCAD bounced off its support at 1.2998 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially rise to its resistance at 1.3277 (76.4% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) bounced off near its support at 3.8% where a corresponding rise could occur. We have also identified a bullish divergence with price that contributes to our bullish bias.
Stochastic (55, 5, 3) bounced off near its support at 3.8% where a corresponding rise could occur. We have also identified a bullish divergence with price that contributes to our bullish bias.
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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.