USDCAD- 28Feb2022
Today's focus will be on whether USDCAD can close its monthly candle above previous month's candle at 1.2814. If it can close above, USDCAD will have a higher upside in Mar22.
On the H4, price have pulled back down to near 78.6% Fib support. It has gapped up and bounced up higher this morning. We could expect USDCAD to bounce higher to retest 1st Resistance at 1.28550.
This is for personal record purposes only, not financial advise or solicitation of trade.
Today's focus will be on whether USDCAD can close its monthly candle above previous month's candle at 1.2814. If it can close above, USDCAD will have a higher upside in Mar22.
On the H4, price have pulled back down to near 78.6% Fib support. It has gapped up and bounced up higher this morning. We could expect USDCAD to bounce higher to retest 1st Resistance at 1.28550.
This is for personal record purposes only, not financial advise or solicitation of trade.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.