Dollar A.S. / Dollar KanadaPembelian
USD/CAD trade - 1.26000 level and why I kept my eye on this leve
Meant to post this the other day.
- October 2004 price broke through support.
- May 2005 area was tapped and rejected towards the downside.
- Oct, Dec, Nov 2008 bouncing as resistance, then continues throughout Jan, Feb, Mar 2009.
- February 2009 price showed downward strength.
- Jan, Feb, Mar 2015 price held as resistance.
- July 2015 had the strength to push passed.
- May 2016 price held at this level for over a year.
- July 2017 support has broken.
- August 2017 price taps the celling.
- October 2017 & February 2018 price continues to break past.
- December 2017 level has been passed.
- April 2018 came back to level as support
- March 2021 passed support yet again.
- April 2021 came back to test, and moved down
- July, Aug, Sept 2021 price traveled up and became acquainted with 1.28000 level.
- October 2021 bounces down to 1.23000 area after huge run up.
- November 2021 soars through resistance (1.26000) level. With tapping 1.28000 level.
- January 2022 price took a breather at 1.25000 level then broke resistance.
My entry – 1.26000 level
Take Profit – 1.28000 level
- October 2004 price broke through support.
- May 2005 area was tapped and rejected towards the downside.
- Oct, Dec, Nov 2008 bouncing as resistance, then continues throughout Jan, Feb, Mar 2009.
- February 2009 price showed downward strength.
- Jan, Feb, Mar 2015 price held as resistance.
- July 2015 had the strength to push passed.
- May 2016 price held at this level for over a year.
- July 2017 support has broken.
- August 2017 price taps the celling.
- October 2017 & February 2018 price continues to break past.
- December 2017 level has been passed.
- April 2018 came back to level as support
- March 2021 passed support yet again.
- April 2021 came back to test, and moved down
- July, Aug, Sept 2021 price traveled up and became acquainted with 1.28000 level.
- October 2021 bounces down to 1.23000 area after huge run up.
- November 2021 soars through resistance (1.26000) level. With tapping 1.28000 level.
- January 2022 price took a breather at 1.25000 level then broke resistance.
My entry – 1.26000 level
Take Profit – 1.28000 level
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