USDCAD Analysis
A Possible bullish trend for next week, since we require a pullback after the drop. BUT I will post a better analysis on the weekend.
For now, it does look like it might be going up starting Monday but this can only be confirmed once that EMA line breaks (been bouncing off it long enough.
On the 4H the EMA line is too far away and the candles need to approach it soon (thus the pullback theory)
RSI seems to agree.
Any feedback? Comments are really appreciated.
For now, it does look like it might be going up starting Monday but this can only be confirmed once that EMA line breaks (been bouncing off it long enough.
On the 4H the EMA line is too far away and the candles need to approach it soon (thus the pullback theory)
RSI seems to agree.
Any feedback? Comments are really appreciated.
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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.