Results of analysis of using daily pivot point calculations for USDCAD
I see this pair still in strong bullish movement . If this pair can resistance level at 1.3465 I predict this pair will go up to the next resistance level at 1.3513 But if this pair go down and break support level at 1.3414 I predict this pair will make some correction to the next support level at around 1.3362 Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with and take profit at 1.3515 and put StopLoss at 1.3428
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation. my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.