USD / CAD to Continue with Downward Momentum
Daily Chart
- Forming a head and shoulders pattern with the neckline at 1.35
- Price broke below the 233 period VWEMA, came back retested and rejected it
- Price rejected the 1.37 even within the 50 - 618 retrace level
- Trend RSI broke and has stayed below the 50% level
Weekly Chart
- Major support was broken a few weeks back
- Price has since came back to retest that zone and rejected it, confirming it as resistance
- Next major support will be within the 1.30 price range
- Reversion to the mean at the 233 week VWEMA within that same zone.
- Trend RSI just recently broke below the 50% level
- Forming a head and shoulders pattern with the neckline at 1.35
- Price broke below the 233 period VWEMA, came back retested and rejected it
- Price rejected the 1.37 even within the 50 - 618 retrace level
- Trend RSI broke and has stayed below the 50% level
Weekly Chart
- Major support was broken a few weeks back
- Price has since came back to retest that zone and rejected it, confirming it as resistance
- Next major support will be within the 1.30 price range
- Reversion to the mean at the 233 week VWEMA within that same zone.
- Trend RSI just recently broke below the 50% level
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.