21
Mar
Technical Analysis – USDCAD _ 21-03-2019
-
Authoradmin
-
Comments0 Comments
-
Category
The pair is still fluctuating around the neckline of the upside-down head and shoulders pattern shown on the chart … and the upside remains as long as the pair remains above 1.3215 and the pair could return to 1.3435 (first target) and 1.3545 as second and then 1.3655 as the third target.
A break of 1.3215 could weaken the upside scenario and could pressure the pair to test support at 1.3130 as the first target and then support 1.3000 as the second target.
Tags:
Related Posts
Recent Comments
- Starlight Herot on Euro Higher on German Data, Sterling Edges Lower
- Frost Dragont on Euro Higher on German Data, Sterling Edges Lower
- Gwinnettt on Euro Higher on German Data, Sterling Edges Lower
- Vanessat on Euro Higher on German Data, Sterling Edges Lower
- Christinet on Euro Higher on German Data, Sterling Edges Lower
Archives
- November 2024
- October 2024
- February 2024
- July 2023
- July 2021
- May 2021
- March 2021
- February 2021
- September 2020
- May 2020
- February 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017