FxWirePro
Short

Loonie breaks minor trend line support ,targets 1.3850

FX:USDCAD   U.S. Dollar/Canadian Dollar
385 3 6
Major support - 1.39300 (trend line joining 1.3314 and 1.3673)

The pair has broken trend line support 1.3930 and declined till 1.39270. Intraday trend is slightly weak as long as resistance 1.3950 holds.

Any break above 1.3950 will take the apir to next level 1.3980/1.4000.

On the lower side break below 1.3930 targets 1.3900/1.3850 level.

It is good to sell on rallies around 1.39250-30 with SL around 1.3950 for the TP of 1.3900/1.3850
kinggold
a year ago
Looks like UCad is trying to break the trendline again
Reply
kinggold
a year ago
finally a break below
Reply
kinggold
a year ago
You don't see UCAD moving lower than 1.3850
Reply
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