a break below here will unfold the move towards 1.2820 and 1.28, 1.25 is the extension there which will be unlocked once we see a break below the neckline. The 1.34 handle is there to be respected, RSI also looks to break below here to further activate the waterfall. Gl and please remember to give this idea a thumbs up!
The Canadian dollar and crude oil is the inverse relationship, if crude oil continued to decline, the Canadian dollar will continue to weaken. So under the premise of falling crude oil prices, we can not make a choice to buy Canadian dollars. I prefer a price correction to re sell the Canadian dollar.
Hello Guys. My first TV analysis after a short break from previous busy days. Today or next week I would see a potential retracement for USDCAD. I figured out that my projection of Fibo 423.6 is exactly pointed at Strong Key Level. I would see potential Sell position at that area. If you take the order make sure take account your R/R and MM. Good Luck and ...
Price just this past week hit a key support area on the daily chart, now we just need a little bit of patience for price to give us the right confirmation for it to come to show signs of continuation to the downside. BE DISCIPLINED AND WAIT! Click to join: https://t.me/blueprintfx Need one on one guidance? Let a trader help! www.blueprintforex.com