USDCAD: Long term Sell Opportunity.

FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
The pair is on a 1W pull back ( RSI = 59.803, MACD = 0.022, ADX = 45.865) following its rejection near the 1.4700 Symmetrical Resistance. The pattern is similar to that of early 2016 when after a rejection on the 1W Symmetrical Resistance, the price was sold-off aggressively and found a bottom on the 1.24700 Symmetrical Support. We are expecting a similar development.

** If you like our free content follow our profile ( to get more daily ideas. **

Comments and likes are greatly appreciated.
High quality portfolio management, asset allocation with excellent risk management. Grow your account, achieve steady profit levels and increase your trading edge with InvestingScope (


it will be interesting to see the development
Very nice, you just confirmed my analysis, I am shorting as well, but I had projected around 1.34
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out