FxWirePro
Long

USD/CAD Medium Term Outlook

FX:USDCAD   U.S. Dollar/Canadian Dollar
131 0 1
USD/CAD             has recovered after making low of 1.5591. Medium term trend is bullish as long as support 1.1540 (23.6% retracement of 1.16724 and 1.11211) holds.
The break below 1.1540 will take the pair to 1.1462/1. 1400             .
Long term trend reversal -1.1390.
On the upside break of 1.16724 would extend gain to 1.1886 (100% Fibonacci projection of 1.06195 to 1.13842 from 1.11211) in the medium term.

Indicators (Weekly chart)
CCI (50) – Buy
CCI (14) – Buy
Ichimoku- Buy

Recommendation: Buy USD/CAD             around 1.1650, SL 1.1540, Target 1.1886.
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