SwissPips

GBP/CAD: Buying the pullback, but why?

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SwissPips 已更新   
FX:GBPCAD   英鎊 / 加元
The current blue curve which supported the pair multiple times was broken on July 13, 2020.

I am buying the pullback assuming today's prices have reached a bottom.

As you can see, we have high volume node (HVN) around the 61.8% fib level which is my level of interest (target), suggesting it could face a strong resistance at these levels.

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