USDCAD has just spiked up triumphantly, however we expect it to lose its steam just as fast.
Price has touched the Daily Trendline (Upper), failing to break through. We expect a reversal is now imminent, provided the Daily Trendline does not break, as price is now significantly overbought.
We expect price now to fall back towards the closest support level, before a minor bounce and then continuation of the downtrend towards the next support level.
Price has touched the Daily Trendline (Upper), failing to break through. We expect a reversal is now imminent, provided the Daily Trendline does not break, as price is now significantly overbought.
We expect price now to fall back towards the closest support level, before a minor bounce and then continuation of the downtrend towards the next support level.
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.