Loonie faces strong support at 1.403, break below targets 1.3320

FX:USDCAD   U.S. Dollar / Canadian Dollar
485 3 15
USD/CAD             has made a high of 1.34570 and declined from that level. It is currently trading at 1.4160

The pair’s major intraday support is around 1.3403 ( trend line joining 1.3172 and 1.3330) and any break below confirms intraday weakness, a decline till 1.3370/1.3330 is possible.

On the higher side minor resistance is around 1.3430 and any break above will target 1.3460/1.3480.

Bearish invalidation only above 1.3460 level.

It is good to sell below 1.3403 with SL around 1.3435 for the TP of 1.3370/1.3320.
Nice call! Thank you very much
How can it make a high at 1.34570, decline, and now trade at 1.4160 ???
FxWirePro Nicemate
Sorry 1.3416
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out