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USD/CAD close to visiting resistance - page 30

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Diana Jackson
426
Diana Jackson  
I shorted after it formed a double top at 1.3450. I think it will fall back to 1.3370.
Pham Duy Duc
654
Pham Duy Duc  
nice !!!
bigbossgerman5
5
bigbossgerman5  

bullish

Diana Jackson
426
Diana Jackson  
USD/CAD rebounded from 1.3340 after the NFP today, but I don't think that's the end of the drop. Next week we'll likely see it fall back to 1.3300 - 1.3280.
Ari Goldman
493
Ari Goldman  
USD/CAD had a good week this week. The pair is now trading at 1.3391 and looks prone to continue to the upside.
Diana Jackson
426
Diana Jackson  
The pair is back to testing the support at 1.3345, I think it will break out below that level and continue falling to 1.3300 at least.
Diana Jackson
426
Diana Jackson  
USD/CAD finally broke out below 1.3300. I think next target is at least 1.3100 or even 1.3000.
Aris Achdiyat
226
Aris Achdiyat  
Diana Jackson:
USD/CAD finally broke out below 1.3300. I think next target is at least 1.3100 or even 1.3000.

Yeah, the bearish sentiment is going strong now. 1.3100 is a possible target for USDCAD. Sell only on this pair
Ari Goldman
493
Ari Goldman  
USD/CAD found support at 1.3224 and is now trading a bit higher at 1.3317. We might see the pair consolidate ahead of today's US data.
Diana Jackson
426
Diana Jackson  
USD/CAD is still rallying and so far there is no indication it will reverse. I think it will climb to 1.3540 - 1.3580 next.
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