USDCAD > 10/8-13/17 Trade Analysis
Timeframe: 1W
Believe pair is currently in downward correction toward minor support level @ 1.2450/48 level.
If unable to break and hold below 1.2450/48, expecting further rise toward major resistance level @ 1.2770/77
A strong break and hold above 1.2777/80 is needed to target 38.2% fib retracement @ 1.3065 level.
Seeing mixed signals in charting, so awareness recommended that a firm break and hold below 1.2450/48 minor support level could signal short term top and bearish trend likely to continue.
Personal bias: Bullish but will Stand Aside
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Timeframe: 1W
Believe pair is currently in downward correction toward minor support level @ 1.2450/48 level.
If unable to break and hold below 1.2450/48, expecting further rise toward major resistance level @ 1.2770/77
A strong break and hold above 1.2777/80 is needed to target 38.2% fib retracement @ 1.3065 level.
Seeing mixed signals in charting, so awareness recommended that a firm break and hold below 1.2450/48 minor support level could signal short term top and bearish trend likely to continue.
Personal bias: Bullish but will Stand Aside
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
