Dollar A.S. / Dollar KanadaPembelian
USDCAD Intra Week Outlook 22/04/20
Fundamentals : Recent news have shown us that OIL has dropped to 0 dollars. USDCAD & Oil has a negative correlation. Meaning if Oil goes down, USDCAD goes up. Therefore, my bias is a buy fundamental wise.
Technicals : Recent market structure has confirmed to be bullish due to a breakout and retest of the descending trendline. Drawing the Fibonacci retracement from the first to second leg of the bullish move is shown confirmation by hitting the TP level. As the first market cycle ends, will be looking for USDCAD to hit TP 2 level.
Trader's Arena Fx
Technicals : Recent market structure has confirmed to be bullish due to a breakout and retest of the descending trendline. Drawing the Fibonacci retracement from the first to second leg of the bullish move is shown confirmation by hitting the TP level. As the first market cycle ends, will be looking for USDCAD to hit TP 2 level.
Trader's Arena Fx
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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.