AbhishekHSinghCMT

USDCAD- Critical Zone -1.3200-1.3206

FX:USDCAD   U.S. Dollar/Canadian Dollar
107 0 6
UCAD has a critical zone of 1.3200-1.3206

Incase it crosses above mentioned zone that will suggest that correction to the rally, which started from 1.2882 to 1.3235 in the form of A-B-C is done & UCAD should move up in coming session else it is open on downside till 1.3070 where C-wave is divided in i-ii-iii-iv-& v-waves - currently running into "v"-wave of C-Wave

Alternate Scenario- Going Above 1.3206 & sustaining above that critical zone will indicate that demand for dollar is more & an extended rally could follow next

Also, kindly check at your end to confirm.

USDCAD- 1.3200 an invalidation level for iv-waves in C-wave down
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
+919833996865 | LinkedIn
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out