CADUSD has retraced back to the 0.382 and printed a D shooting star.
RSI @ centre point where it often reverses.
If reversing then should get to 0.771
Next target 0.758.
But I think good chance price will overshoot to tag the pitchfork lower median line. Will know more seeing trajectory.
Invalidation above star.
Not advice.
RSI @ centre point where it often reverses.
If reversing then should get to 0.771
Next target 0.758.
But I think good chance price will overshoot to tag the pitchfork lower median line. Will know more seeing trajectory.
Invalidation above star.
Not advice.
Comment:
Nosedive 😄
Comment:
CADUSD may well carry on down the median line (yellow) indefinitely.
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Down to min. 0.771 from here.