A corridor in the price range 1.15662-1.16741 formed on USD/ CAD, 1.1666 is quite important resistance level. Buy level of 1.16750 becomes weaker as the trend movement continues for a long time, the price has repeatedly tried to break through this border, so for real trading I recommend to consider sell levels at 1.16400 and closer levels. I trade using USD/CAD trade corridor approach. Ranges of trade corridor are determined by last extrema on the hourly chart.
My forecast participates in the Market Forecaster contest. Follow the link s30878714730.whotrades.com/blog/43180856104 to vote for it and help me win the top prize. Thank you.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.