– EURCAD reversed from resistance level 1.4500
– Likely to fall to support level 1.4300
EURCAD currency pair recently reversed down from the key resistance level 1.4500 (top of the previous impulse wave (i)) intersecting with the upper daily Bollinger Band.
The downward reversal from the resistance level 1.4500 created the daily Japanese candlesticks reversal pattern Shooting Star Doji.
EURCAD currency pair can be expected to fall further toward the next support level 1.4300 (low of the previous waves (ii), (C)).
- WTI broke daily Triangle - Likely to rise to resistance level 70.90 WTI crude…
- AUDUSD reversed from resistance level 0.6270 - Likely to fall to support level 0.6200…
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
The recent declines in US indices may have broken the bullish trend, indicated by technical…
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
This website uses cookies