VanSteenMarketResearch

[USD/CAD] Potential scenario

FX:USDCAD   美元 / 加元
Momentum up is not that strong, resistance is quite strong which means price is likely to reject and drop off.

This is what might happen:


- Price goes to 1.31
- Rejects at 1.31 and goes to 1.30, then 1.29 and further target to 1.275.
評論:

Current indecision around the 1.30 level.

Looking for a US session bull move
評論:

Price is at a critical level now. If price breaks the lows we have got a bearish view on this. and if that happens, we might see the same sell off but then without a move to 1.31 and maybe targets directly towards 1.275.

Something like this


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