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Farooq

Technical Analysis – USDCAD _ 26-03-2019

HomeTechnical AnalysisTechnical Analysis – USDCAD _ 26-03-2019
26
Mar
Technical Analysis – USDCAD _ 26-03-2019

The price dropped yesterday after facing the resistance 1.3435 (the first target of the ascending scenario), breaching this resistance might open the way for the pair to reach the second target at 1.3545 then the third target around the resistance 1.3655.

A break of the last bottom of 1.3245 might be enough to end the bullish scenario and could press the pair to test 1.3130 support as the first target and then support 1.3000 as the second target.

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