USDCAD: HTF DT OPPORTUNITY
This is an UPDATE to the previous analysis.
Read the notes from the previous analysis (see link below)
Due to yesterday's BIG NEWS regarding lower USD interest rates, PA on this pair spiked to the upper Resistance (distal) before showing signs of the DT we anticipated earlier.
HIGH TIMEFRAME DOWNTREND
Pivot High @ 1.46685
Resistance, Major @ 1.4463
Resistance, Major @ 1.4209
SLO2 @ 1.4536 ⏳
SSO1 @ 1.4270 ⏳
SLO1 @ 1.4188 📉
TP1 @ 1.3763
TP2 @ 1.3337
TP3 @ 1.3024
TP4 @ 1.2539
Support, Minor @ 1.33858
Support, Major @ 1.32522
BLO1 @ 1.2422 ⏳
BLO2 @ 1.2140 ⏳
Pivot Low @ 1.2007
Read the notes from the previous analysis (see link below)
Due to yesterday's BIG NEWS regarding lower USD interest rates, PA on this pair spiked to the upper Resistance (distal) before showing signs of the DT we anticipated earlier.
HIGH TIMEFRAME DOWNTREND
Pivot High @ 1.46685
Resistance, Major @ 1.4463
Resistance, Major @ 1.4209
SLO2 @ 1.4536 ⏳
SSO1 @ 1.4270 ⏳
SLO1 @ 1.4188 📉
TP1 @ 1.3763
TP2 @ 1.3337
TP3 @ 1.3024
TP4 @ 1.2539
Support, Minor @ 1.33858
Support, Major @ 1.32522
BLO1 @ 1.2422 ⏳
BLO2 @ 1.2140 ⏳
Pivot Low @ 1.2007
Professor C. E. Ward
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