USDCAD recently reversed down from the resistance area lying between the resistance level 1.3090 (former strong support from December) and the 38.2% Fibonacci correction of the previous sharp downward impulse from last month.
The downward reversal from this resistance area stopped the previous short-term corrective wave (b).
USDCAD is likely to fall further toward the next support level 1.3030 (low of the previous short-term correction a).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
