Today, I am looking at USDCAD. It looks like price has found some solid support at 1.2400.
The daily candlestick formation is a bullish engulfing pattern. It is a quite strong confirmation, since the engulfing candle is covering the previous two bearish candles.
The next resistance level is at 1.2650 and after that the level of 1.2900 stands as a strong barrier for the buyers.
I will be looking for a potential buy if price retraces back to 1.2500 and price action confirms this level.
Until then, I will be patiently waiting.
The daily candlestick formation is a bullish engulfing pattern. It is a quite strong confirmation, since the engulfing candle is covering the previous two bearish candles.
The next resistance level is at 1.2650 and after that the level of 1.2900 stands as a strong barrier for the buyers.
I will be looking for a potential buy if price retraces back to 1.2500 and price action confirms this level.
Until then, I will be patiently waiting.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.