easyMarkets

Potential reversal on USDCAD as it is approaching resistance!

Short
FX:USDCAD   Dollaro / Dollaro canadese
Price is approaching our first resistance (horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where we might see a drop to our major support at 1.3404 (horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.


Come join us today at : www.easymarkets.com/
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.