OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is in an uptrend channel and has previously respected the channel. We had a drop from channel top and 200 EMA is acting as a support. On Friday we had a strong rejection from 1.335 area but it did not break the last minor swing low at the same level.
I think there is still room to small down move and a move up should take place around 1.31300 area. TP1 is around 1.335 and TP2 at channel top 1.38200 (long term).

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out