Dollar A.S. / Dollar KanadaPenjualan
USDCAD, D1 has reversed from our Pivot, potential for a drop.
Description:
Price has reversed from our Pivot point at 1.27107, which is in line with 61.8%, 78.6% Fibonacci retracement, descending trendline resistance and horizontal graphical overlap. We could potentially see price drop towards our 1st support level at 1.24937, a fibonacci confluence. It is worth noting that price is trending under the descending trendline, in line with our bearish analysis.
Pivot: 1.27107
Why we like it:
61.8%, 78.6% Fibonacci retracement, descending trendline resistance and horizontal graphical overlap
1st Support: 1.24937
Why we like it:
61.8% Fibonacci retracement, 61.8% fibonacci extension and horizontal swing low support.
1st Resistance: 1.28566
Why we like it:
161.8% Fibonacci retracement, 127%, 100% fibonacci extension and horizontal swing high resistance.
Trading FX & CFDs carries high risk.
Price has reversed from our Pivot point at 1.27107, which is in line with 61.8%, 78.6% Fibonacci retracement, descending trendline resistance and horizontal graphical overlap. We could potentially see price drop towards our 1st support level at 1.24937, a fibonacci confluence. It is worth noting that price is trending under the descending trendline, in line with our bearish analysis.
Pivot: 1.27107
Why we like it:
61.8%, 78.6% Fibonacci retracement, descending trendline resistance and horizontal graphical overlap
1st Support: 1.24937
Why we like it:
61.8% Fibonacci retracement, 61.8% fibonacci extension and horizontal swing low support.
1st Resistance: 1.28566
Why we like it:
161.8% Fibonacci retracement, 127%, 100% fibonacci extension and horizontal swing high resistance.
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.
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.