SubscribeThe trend continues to strengthen the dollar, the price put her in the resistance of 0207 + - and above this level until the price is not allowed, but I still follow the general mood of the market break of 0207 and will be buying.
Thread: Usd/Cad
The trend continues to strengthen the dollar, the price put her in the resistance of 0207 + - and above this level until the price is not allowed, but I still follow the general mood of the market break of 0207 and will be buying.
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Today, the daily pivot (1.0179), is a monthly Fibo 38.2, and this pair is testing it. If this level is breached, then the USDCAD will likely come down to a level of 1.0151, but if it fails, it will bounce up towards the 1.0247 level.
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The U.S. dollar pulled behind him, almost all couples, the USD / CAD seemed struck down and support must fall, but then return and have very different goals ... now 1.0200 resistance, I think the breakdown will continue to grow ...
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I have on the usd / cad 2 buy signals are formed into 4-hour chart crossing the green line ching span the price chart from the bottom up, and. "golden cross" - the intersection of two moving, I think the pair will rise to the level of 0200.
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My thinking is increasingly unfavorable pressures significantly despite the initiate to appear several stochastic positive but the RSI is still trading in a bearish inclination and also see that the occur stetted beneath the exponential billowing averages of 20 and 50 so i reckon that the statesman attempts you may get lower .
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pair made the landing (false breakdown broke the support level 0120) and then went to the north, now on the market there is a general tendency to strengthen the dollar and for her to follow, in order to buy 0200.
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A little help, and news, but still the fact of support break 0120 (with the rebound from the Ichimoku cloud) took place, the dollar continues to grow and to follow trends, the goal of cad is now in the south of 0050.
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pair is not very interesting for the trade, but it is noticeable the channel, the rate showed a good southern fall and close to the bottom oblique line of support, most likely to expect a retreat to the north.
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