TradingView
Tickmill
Mar 2, 2021 2:52 AM

USDCAD facing bullish pressure, potential for more upside! Long

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD is facing bullish pressure from 1st support at 1.26380, in line with 61.8% fib extension, 61.8% fib retracement and horizontal swing high resistance. We could see a further push towards 1st resistance at 1.27478 where the 100% fib extension is. MACD is also showing that prices are facing bullish pressure.
Comments
wolinalekseika
Thanks Tickmill for the good analysis
sergkaz1109
thank you man :)
kettlerkuramoto
Interesting... thanks for your view on this...
Henry_Ross
good idea
MoneyMakerTrade
Good job
More