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Theperfectionist

Overall view of USDCAD - Update of June 24th week

Short
Dollaro / Dollaro canadese (OANDA:USDCAD)  
Theperfectionist Aggiornato   
OANDA:USDCAD   Dollaro / Dollaro canadese
Trend Analysis Harmonic Patterns Chart Patterns Forex USDCAD canadiandollar Bearish Patterns SELL levels LOW
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trendanalysis harmonicpatterns chartpattern forex usdcad canadiandollar bearish sell levels low
The support zone earlier tested multiple times was finally broken acknowledging the bearish trend. Prices are heading to settled on a new support zone containing the low of the year @1.30680.

Possible targets: @1.31000 (+80pips) and @1.30000 (+180 pips).

Advice: Stay bearish and sell at any high point while we don't reach back 1.33000 top level.
Commento:
The trend is bearish and prices slightly reject on @1.31500 level. A downward break would considerably increase chances to reach our target. Remain bearish and sell high points.
Commento:
We are closer to the target, you can now put your trades at breakeven.
Trade chiuso: obiettivo raggiunto:
Target tested. Nice and decent trade.
Commento:
Target 2 reached. Great opportunity market gave here.

Idee correlate

Theperfectionist
Overall view of USDCAD - Update of July 15th's week
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