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ap8forexchange

BBMA - Forex USDCAD Weekly Analysis July 2nd - 6th 2018

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
ap8forexchange  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Moving Averages Support and Resistance
2
0
trendanalysis movingaverage supportandresistance
The study follows based from timeframe on the chart

D1 - Reversal on Top BB, Expect Re-Entry SELL on MA5 High
6H - Strong momentum increasing downtrend, confirmation of downtrend if price is below MA50
3H - Price is below MA50 and strong bearish momentum can be occur

This week's target for USDCAD drops till MA50 on Daily chart
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