Hello Traders,
The daily candlestick is a bearish engulfing candle signaling further downside. We can see there has been multiple test at the support of about 1.34 however sellers do seem to be in control and wait for a clean break below it and the next support should be around 1.3320 at the rising wedge trend line. BoC interest rate decision is tomorrow so there is more volatility to come before that. Stay cautious, however all indicators seem to be pointing toward further bearish momentum.
The daily candlestick is a bearish engulfing candle signaling further downside. We can see there has been multiple test at the support of about 1.34 however sellers do seem to be in control and wait for a clean break below it and the next support should be around 1.3320 at the rising wedge trend line. BoC interest rate decision is tomorrow so there is more volatility to come before that. Stay cautious, however all indicators seem to be pointing toward further bearish momentum.
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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.
Free Discord Server: discord.gg/YrEztY6BQt
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.