USDCAD Finds Support, Bounce Incoming (Target)
USDCAD Has found support at Dec. 3rd lows. There are several signals that are pointing to an upcoming bounce. Let's take a quick look:
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- USDCAD had a very strong decline and stopped at Dec. 3rd low prices. This is marked yellow on the chart.
- We have a Morning star pattern that formed on the last three closed candles.
- The MACD is curving up with a bullish crossover, histogram moving in favor of the bulls.
- Price is hovering around the lower end of the Bollinger Bands.
- RSI is coming out of oversold.
- A bounce can be expected after these signals show up. Target is marked purple on chart.
- Gray dotted line marks the stop loss.
Thanks a lot for reading.
Remember to hit LIKE if you enjoyed this information.
Namaste.
Nota
Going as planned.Operación cerrada: precio stop alcanzado
Operación cerrada: objetivo alcanzado
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💯 TOP Results (Sept 2026) 👇
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🔥 10-25X Leverage, Results & Profits
t.me/masteranandatrades/9271
✅ 4 PREMIUM Telegram channels special offer
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t.me/lamatrades/4
t.me/masteranandatrades/9279
🔥 10-25X Leverage, Results & Profits
t.me/masteranandatrades/9271
✅ 4 PREMIUM Telegram channels special offer
—One-Time Payment! (🔝 since 2017)
t.me/lamatrades/4
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.