USDCAD approaching resistance, potential drop!
USDCAD is approaching our first resistance at 1.2944 (horizontal swing high resistance) and a strong reaction might occur below this level, pushing price down to our major support at 1.2817 (horizontal overlap support, 23.6% Fibonacci retracement).
Stochastic (89) is also approaching major resistance and a reaction off that level might be a good precursor for a potential drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89) is also approaching major resistance and a reaction off that level might be a good precursor for a potential drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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。