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FOREXN1
Aug 22, 2022 2:05 PM

USD/CAD Long from Dynamic Support 61.8% Fibo 200 Sma BUY Long

U.S. Dollar/Canadian DollarFXCM

Description

USD/CAD inside a Bullish channel, in the last sessions the price had a Pullback on 61.8% Fibonacci level, placed in confluence with the dynamic trendline from the channel ( working like Dynamic Support ) and the 200 Moving average. The price after the rebound on these points jumped strongly upster following the Maintrend. The stochastic is in Bullish Divergence in Oversold scenario Plus the RSI already upster. All these clues following the General situation of the market and in particular of the Dollar give us the Bias for the price to continue to rising.
Comments
FOREXN1
Do you agree with Us ?
TheNewsCrypto
Perfect Analysis, 💯
Sconiers29
I totally agree with your analyst.
RLinda
I agree with u. Thanks
Michael_Winner
Good chart, thanks for your Usd/Cad idea
Solldy
Quite an unusual proposition for the current state of affairs. In general, it is possible if all arguments work out, so I will support this idea!
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