FxWirePro
Short

Loonie faces strong support at 1.3246,break below targets 1.3135

FX:USDCAD   U.S. Dollar/Canadian Dollar
276 2 4
Harmonic pattern- Bullish Cypher pattern

Potential Reversal Zone (PRZ) -1.3300

Any break above 1.3300 will take the pair till 1.3320 /1.3500 in short term.

The pair is facing strong support around 1.32460 and break below confirms major weakness a decline till 1.3180/1.3140 is possible .

Overall trend reversal only below 1.3030 level.

It is good to sell below 1.34260 with SL around 1.3300 for the TP of 1.3180/1.3135
PeterBednarik
a year ago
It's probably mistake... should be sell below 1.32460 with SL....
Reply
FxWirePro PRO PeterBednarik
a year ago
Yes
Reply
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