Ichimoku + Fib + trend line analysis of USDCAD
In weekly time frame, price is at horizontal trend line resistance and ichimoku resistance (leading span B). It is very likely to bounce to support trend line which is around 1.2480-1.2520. This idea is also supported by ichimoku cloud and fib retracement.
In weekly time frame, price is at horizontal trend line resistance and ichimoku resistance (leading span B). It is very likely to bounce to support trend line which is around 1.2480-1.2520. This idea is also supported by ichimoku cloud and fib retracement.