Chart of the day

USDCAD pair fall after Canada CPI positive, still the daily target has not achieved, as technical the pair bounce from 38.2 fibo ,currently the pair trading on 4hr support with under the bearish tend, if break we can see daily target , we expect one more bounce from here towards 1.2600/1.2625 and then we can see another fall towards 1.2460. we don't like to buy here.



target: 1.2520
stoploss: 1.2665

gud luck !

Leave a Reply

Your email address will not be published. Required fields are marked *

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Click here for more information.