as what i can see in the hourly shart i think it showing the down the parabolic sar is down the rsi is below the 50 level the macd is below the 0 level line
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as what i can see in the hourly shart i think it showing the down the parabolic sar is down the rsi is below the 50 level the macd is below the 0 level line
the chart and as we can see on it is showing the pair has succeeded in closing it's daily candle above level 0.8700 , and that's mean the up trend is still standing and the pair might head to 0.8735 and then 0.8770
If a M15 close above 0.8700 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8550 sell only and do not buy. If price closes back above it again do nothing
The range 0.8700 and 0.8550 is neutral area, any trade done in between is personal decision and not part of this analysis
as we can see from the chart the pair has success in breaking the level of 0.8700 and now the pair is trading under it , that's mean the down trend is standing and the pair might head to 0.8640 then 0.8610
If a M15 close above 0.8700 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8600 sell only and do not buy. If price closes back above it again do nothing
The range 0.8700 and 0.8600 is neutral area, any trade done in between is personal decision and not part of this analysis
as what i can see in the hourly shart i think it showing the downrnd the rsi is below the 50 level the macd is below the 0 level but in my opinion it can corect because macd make divergence
as what i can see today all time fram end indicator showing the down trend but in my opinion he must corect to up trend in the next hours
It seems that the pair has stated it's trading week under the level of 0.8900 and that's mean that the down trend is still standing and the pair might head to 0.8800 and then 0.8750 but also the pair will make some correction before continue down
as we can see the weekly chart for this pair the trend is down and the price is trading under ema50 line and i think it is about to test the support level at 0.8510
The Loonie-Franc pair has declined sharply over the past few weeks, falling 6.86 percent since May 11, amid a global shift to risk-aversion and concerns on U.S. growth prospects