Description
⋅ USDCAD
CAD pairs are mostly influenced by the price movements in oil market
*USDCAD has break the major resistance zone 1.41000 and run up to 1.46800 and stalled
*The upward trend-line was broken in One hour chart
*We can expect short term fall back as its in overbought condition
*We can enter at the 1.44700 level which is 78.6% Fibonacci level
*Potential take profit will be 1.41750 which is 50.0 % Fibonacci level
*In between this level there is major deciding level is there which is 6.8% Fibonacci
* Leave your valuable comments below
Trade active
⋅ Our primary entry got triggered now
Trade closed: stop reached
⋅ Trade closed manually
⋅ wrongly updated..even before its reaching our entry point it has reached the target level