Salzworth

Outlook on USDCAD: Bearish play seen

Penjualan
FX:USDCAD   Dollar A.S. / Dollar Kanada
On the H4 time frame, prices are facing bearish pressure from its resistance zone at 1.28500 in line with the 61.8% Fibonacci extension and a pullback to this zone presents an opportunity to play a further drop to the next support target at 1.26800. This support target lines up with the 78.6% Fibonacci retracement and 100% Fibonacci extension. Ichimoku cloud is also showing signs of bearish pressure, in line with our bearish bias.
Pernyataan Penyangkalan

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