Dollar A.S. / Dollar KanadaPenjualan
Could the USDCAD reverse?
The USDCAD shot up, touched the 1.3665 (bottom of the resistance area), and formed an h4 pinbar, signaling a rejection of the resistance area.
The question now is, will the USDCAD break the upward trendline to signal a reversal? This could see the price trade down to the 1.3450 (round number level) and 1.3470 price level (50% Fibonacci retracement level) support area.
The question now is, will the USDCAD break the upward trendline to signal a reversal? This could see the price trade down to the 1.3450 (round number level) and 1.3470 price level (50% Fibonacci retracement level) support area.
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