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USDCAD might not stop dropping yet, still got 200 pips down.
The trend line has broken and it still has a chance to test 1.305 later , 200 pips from now.
Our last idea might be wrong by assuming a correction earlier. Today it is going slightly up now it is up from the 1:3310 lets see what will happen.
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Couple went to the next strong resistance level of 9770, in the first place I look retreat from it (MASD-sell signal), but if this level of price will break through, then probably we come to the 8000 figure.
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As you would expect there would be after a good growth began south of the northern correction, now found itself in a pair of sliding the alligator on the daily chart breakthrough took a blue slip alligator (a sign of a trend reversal), a pair of forward-only resume growth which is likely to be either from the blue or sliding-on approach to 0340.
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bullish trend seems to be taking place on the usdcad pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 1.3279 and strong support at level 1.3259 in hourly time frame. there is possible chance price will move to up side. then next high price is 1.3329
I suggest to entry BUY with stoploss at 1.3244 and take profit at 1.3329
I hope you can earn consistent profit from my signal, good luck
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we can see in the 4h chart
the pair trading down the 38.2
I see the pair will go to down way to 1.0330
stochastic refers that the pair will go down
so our target sell from 1.0393 and our target will 63pips
Good luck
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Now the pair came close to mid-sloping support (point of tangency 0385), as seen in bulls do not even have the strength to walk to the local maximum of about 0420 and 0410 have already begun to bear its pressure, so most likely we will see the development of the South is a script and a break lower fractal 0380 - that will target levels 0330 and 0300.
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Today analysis for the pair of Usd/Cad
--- Trading opinion for the best profitable trade: Open buy ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 1.3275
2# Resistance is: 1.3287
3# Resistance is: 1.3305
Supporting level of this pair is :
1# Supporting is: 1.3238
2# Supporting is:1.3226
3# Supporting is: 1.3207
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usd/cad aj ki price men kafi up ja raha he is time ke price 1.3276 aur mere analysis k hesab se ye aj ki price men kafi down level tak jaega sport level pehla ye rahega 1.2690 is price tak aur dosra sport level 1.2790 ye hoga aur normal price 1.3180 ye rahege aj ke
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USD/CAD Technical analyse
Resistance lever 1 > 1.3364
Resistance lever 2 > 1.3368
Resistance lever 3 > 1.3386
Support lever 1 > 1.3349
Support lever 2 > 1.3325
Support lever 3 > 1.3311
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Today technical analysis of Usd/Cad is sell
Resistance and supporting level is:
Resistance level first:1.3291
Resistance level 2nd : 1.3301
Resistance level 3rd: 1.3311
Supporting level first: 1.3266
Supporting level 2nd: 1.3255
Supporting level 3rd:1.3244