**Monthly Chart**
Last month candle closed inside a bullish candle suggesting a move to test the Monthly manipulation candle (MC). This looks a picture-perfect as the DXY chart. However, USDCAD is still moving within a range. Last week we had a good selling opportunity for 145 pips which hit our target price at 1.33734.
**Weekly Chart**
The weekly chart shows a bullish momentum for the last 5 consecutive weeks. While we are approaching the high near 1.36000 (round number).
**Daily Chart**
This week I will be watching this trade for a selling opportunity around 1.36000 or a little higher. But if the price moves lower first. Then I will be looking for a buying opportunity near the 1.32000 level.
Last month candle closed inside a bullish candle suggesting a move to test the Monthly manipulation candle (MC). This looks a picture-perfect as the DXY chart. However, USDCAD is still moving within a range. Last week we had a good selling opportunity for 145 pips which hit our target price at 1.33734.
**Weekly Chart**
The weekly chart shows a bullish momentum for the last 5 consecutive weeks. While we are approaching the high near 1.36000 (round number).
**Daily Chart**
This week I will be watching this trade for a selling opportunity around 1.36000 or a little higher. But if the price moves lower first. Then I will be looking for a buying opportunity near the 1.32000 level.
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Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.