USDCAD - Sell at 1.2417 and 1.2440. Stop 1.2480
Yesterday's bearish, and sell rally, forecast had some success. Early trading attempted to resurrect last week's upside but levels above the 13 day mvg avg again, for a 3rd day in a row, found fresh selling. So although net movement was minimal, the capping of demand near that average line keeps immediate technical studies negative. So this morning’s call is a Sell but leaving room to also Sell at 1.2440, intraday Marabuzo line. The risk is 1.2480 with downside objectives at 1.2396, 1.2362, last week's bottom, or even 1.2334.
Catatan
Our 1.2396 target has been exceeded. Now looking at 1.2362, stop at 1.2418 and sell at 1.2440 cancelledCatatan
2nd objective at 1.2362 reached. Stop lowered to 1.2390Trading ditutup: target tercapai
Final daily objective at 1.2334 reached
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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.