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hyped989

Heavy support could be potential buy zone

U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
hyped989 Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis confluence Fibonacci Retracement fibextensions pivotsupport
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trendanalysis chartpattern beyondta confluence fibonacciretracement fibextensions pivotsupport
Seems we could be met with some heavy technical support here, i'd keep an eye out.

Confluence checklist:

  • Whole number support

  • 1.272 extension

  • Within support pivot zone #1

Comment:
Keep in mind heavy fundamental data tomorrow!
Comment:
Support was broken by fundamentals but the 1.272 level played key role as a pivot point.
Comment:
Price has moved on down to it's next leg @ 1.1618.
Comment:
Tested 1.886!
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