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ICmarkets
Sep 4, 2018 3:56 AM

USDCAD Testing Resistance, Prepare For Reversal Short

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD is testing its resistance at 1.3115 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 1.3064 (23.6% Fibonacci retracement, horizontal overlap support)could.
Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop could occur.
Comments
youssef001
dollar is so strong ???? vs CAD
ALRAZEEN
get more
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