The pair is finding support at a previous pivot. MACD and signal have made a cross with RSI gradually exiting oversold zone. Volume for both currencies are high with CAD having slight edge.
TP as shown as chart. A MACD divergence may lead to support breach and SL to retest lower support.
Please comment with thoughts and ideas. Thank you.
TP as shown as chart. A MACD divergence may lead to support breach and SL to retest lower support.
Please comment with thoughts and ideas. Thank you.
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