Warunki handlowe
Narzędzia
In previous posts we mentioned the bullish RSI divergence signals in the Daily chart of USDCAD. Price is now showing reversal signals as price is breaking above 1.2130. As long as price is above recent lows of 1.2060, we are bullish looking for a strong bounce higher.
Black line - resistance trend lineUSDCAD has tested the 1.2130 area several times before and each time it got rejected. At the same time price has managed to hold above 1.20 and we are now seeing a 4th attempt to break above 1.2130 resistance. Price has started making higher highs and higher lows. Combined with the break of the short-term resistance, I expect USDCAD to continue higher at least towards 1.22-1.2250. Conclusion, we are bullish USDCAD as long as price holds above 1.2050, expecting a move at least towards 1.22-1.2250.
Dzięki analizom InstaForex zawsze będziesz na bieżące z trendami rynkowymi! Zarejestruj się w InstaForex i uzyskaj dostęp do jeszcze większej liczby bezpłatnych usług dla zyskownego handlu.