USD/CAD Analysis - page 4

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Great post atleast I have now a idea about this matter. Thanks for sharing.

 

The pair is still testing the support at 1.3650 and it might form a triple bottom too, in case it doesn't break below that support.

 

1.3700 good support for the USDCAD, the bearish trend is still in place and the pair may try to break below it. The 21 day EMA is still a good resistance.

 

It looks like the pair is headed for 1.35, possibly even 1.34.

 
It seems to me that the asset will go for breaking the bottom line after reflecting from the upper bound.
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mister_1:
It seems to me that the asset will go for breaking the bottom line after reflecting from the upper bound.

:Looks like that

A big trend change is on the way

 

I think it's going to continue falling, possibly all the way down to 1.2900.

 

I agree, the trend if very bearish at the moment.

 

The 1.3400 level may act as resistance on the USDCAD, to the downside, the 1.3200 may act as support. At the moment the price keeps oscillating around the 1.3300 level.

 

It's currently testing 1.3220 and it will probably reach 1.3200, but I don't think it will stop there.

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