FxWirePro
Long

Loonie faces resistance at 1.2902, break above targets 1.302

FX:USDCAD   U.S. Dollar/Canadian Dollar
344 2 5
USD/CAD             has made a low of 1.28321 and recovered from that level. It is currently trading at 1.28950

Loonie is facing major short term trend line resistance around 1.2902 ( trend line joining 1.3080 and 1.3015) and any break above confirms short term bullishness , jump till 1.2950/1.3020 in short term.

On the downside minor support is around 1.2860 and any weakness can be seen only below that level. Break below 1.2860 targets 1.2830/1. 2800            

It is good to buy only above 1.2902 with SL around 1.2860 for the TP of 1.2980/1.3020
1.2980 TP Hit
Reply
thanks, made some money on this, since it is friday i got out early, don't want to stand in for the weekend lol
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out