美元 / 加元
看多
已更新

USD/CAD could be nearing the end of its retracement

172
A double top formed this month around a 50% retracement level on the daily charts ahead of its latest pullback. And it is interesting to note that the market tends to react around the 50% level.

The double top could actually be part of a 3-wave retracement, and that retracement could be nearing completion.

We saw a strong rally into the January high, hence the bias for an eventual continuation of that move. Bulls could look for a swing low to form around 1.3350 - which is near a high-volume node and another 50% level, and initially target the January highs - a break of which brings 1.36 into focus.

註釋
We wished they all worked out this well, but so far it has been a textbook pullback into support (50% retracement and high-volume node) before prices accelerated higher.

It's not quite reached the 1.36 target, but it should at least be in profit enough to remove risk from the table.
手動結束交易

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。