Technical Analysis for USDCAD - H1 Timeframe - December 29, 2021
- USDCAD above MA and Pivot Point. RSI is above 50 level mark. Up Trend is observed.
- Downward Triangle and Downward Channel are formed and priced is placed near the top of both channel & triangle. Above R1 – 1.28404 new upward movement may be found.
- Alternative Scenario – Trend reversal may be found below S1 – 1.27881.
- Watch out levels for intraday trading.
- Downward Triangle and Downward Channel are formed and priced is placed near the top of both channel & triangle. Above R1 – 1.28404 new upward movement may be found.
- Alternative Scenario – Trend reversal may be found below S1 – 1.27881.
- Watch out levels for intraday trading.
Bharat Pandya @Prospire
+91 9624044866
pandyabn76@gmail.com
+91 9624044866
pandyabn76@gmail.com
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