TheBand_RK

$USDCADdaily chart 2 hypthesis to be confirmed!!!

FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
2
Daily not really significative. A big range since 23 of june at least!
Even MACD is bullish & stoch is overbought...
Best way to do is waiting a pull back (in 15' chart) after the breakout of
the higher daily. More or less @ 1.32546.
Why waiting? simply because the MA200 could be a resistance...
In this case, to short it with last lower as target.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.