Dollar A.S. / Dollar KanadaPenjualan
USDCAD, H4 is testing our Pivot, potential for a drop.
Description:
Price is testing our Pivot point at 1.25698, which is in line with 38.2% fibonacci retracement and horizontal graphical area. We could potentially see price drop here towards our 1st support level at 1.25305, 88% fibonacci retracement and horizontal swing low support. It is worth noting that price is under the moving average, in line with our bearish analysis.
Pivot: 1.25698
Why we like it:
38.2% fibonacci retracement and horizontal graphical area
1st Support: 1.25305
Why we like it:
88% fibonacci retracement and horizontal swing low support
1st Resistance: 1.25997
Why we like it:
61.8% Fibonacci extension and horizontal graphical swing high.
Trading FX & CFDs carries high risk.
Price is testing our Pivot point at 1.25698, which is in line with 38.2% fibonacci retracement and horizontal graphical area. We could potentially see price drop here towards our 1st support level at 1.25305, 88% fibonacci retracement and horizontal swing low support. It is worth noting that price is under the moving average, in line with our bearish analysis.
Pivot: 1.25698
Why we like it:
38.2% fibonacci retracement and horizontal graphical area
1st Support: 1.25305
Why we like it:
88% fibonacci retracement and horizontal swing low support
1st Resistance: 1.25997
Why we like it:
61.8% Fibonacci extension and horizontal graphical swing high.
Trading FX & CFDs carries high risk.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.