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FX618Analysis

LOONIE might target monthly R1 pivot shall the trendline break

Long
Dollar Américain / Dollar Canadien (FX:USDCAD)  
FX618Analysis  
FX:USDCAD   Dollar Américain / Dollar Canadien
Trend Analysis Chart Patterns Technical Indicators USDCAD loonie Trend Lines Exponential Moving Average (EMA) Pivot Points Support and Resistance support BOC fed
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trendanalysis chartpattern indicator usdcad loonie trendline ema pivotpoints supportandresistance support boc fed
Trendline and D EMA break is required on daily TF for this pair to make an upmove towards the MONTHLY R1 PIVOT. The clearance of weekly EMA is also essential in this setup. shall all this take place, the path to the target would have least resistance.

shall there be any updates i shall provide in the thread below

Idées en relation

FX618Analysis
USDCHF might aim higher shall the resistance break!
FX618Analysis
USDCHF Might Target Weekly R1 Pivot shall the trendline break
FX618Analysis
USDCHF Might aim for S1 Monthly PIVOT shall the Trendline break!
FX618Analysis
Don't expect EURUSD to aim lower! Correction might likely occur
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