Price hitted Daily support area with an oversold RSI. Probably we will see some rebound on this pair till the hourly trend.(0,752 aprox). Then we should wait for a breakout to project the bullish movement till the next maximum level(0,758).
Believe that the USDCAD will test support area of 1.3040 and bounce to the upside to start an uptrend. Believe price will eventually reach back to the 1.35 level here in the next few weeks or so. https://www.tradingview.com/x/1rFUMXKh/
At Least Pair hit my previous shared Chart TP,s
Now its Time to Change the move to go Long. H4 formed Bullish Pinbar on trendline. it could be to Good to go Long on dips with the tp on fibo level. Good Risk Reward Ratio.
Happy Trading and Good Luck
New Support Zone.. After NFP..with bad result for the dolar..we saw the pair goes up..but at the end of Friday its turned down..Now be careful here, there some bullish force waiting in these zone
Hi all! Although the flag formation have broken the support level, we have to notice that it didn't broke an important support level tested many times in the past.
The close of the actual candle below 1.01820 will be my short signal.