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InvestingScope

USDCAD: Buy Opportunity within a 1W Falling Wedge.

Long
U.S. Dollar / Canadian Dollar (FX_IDC:USDCAD)  
InvestingScope  
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators USDCAD USD CAD DJ FXCM Index dollar canadiandollar Currencies currency Forex
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trendanalysis chartpattern indicator usdcad usd cad usdollar dollar canadiandollar currencies currency forex
USDCAD has been trading within a Falling Wedge on the 1W chart (RSI = 41.718, MACD = -0.003, Highs/Lows = -0.0077) since the December 2018 High. The 1D RSI is approaching its Support just above the oversold territory (31.712) and is gradually turning into a buy opportunity with 1.32000 as the Target.





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