Daily bearish
Weekly bearish
Monthly bearish
But we are at a major support area . And as pandemic restrictions releases i expect more OIL to be produced henced the price to go down a bit , with CAD loosing strength . My view is that will see a bounce to 1.25 level at most before continuing with the bearish trend to 1.15 - 1.16 area . SO i'm long on this golden Egg for the moment . Please comment . Thanks
Weekly bearish
Monthly bearish
But we are at a major support area . And as pandemic restrictions releases i expect more OIL to be produced henced the price to go down a bit , with CAD loosing strength . My view is that will see a bounce to 1.25 level at most before continuing with the bearish trend to 1.15 - 1.16 area . SO i'm long on this golden Egg for the moment . Please comment . Thanks