Yesterday, the USD/CAD currency pair kept a local support level of 1.34400, which triggered the bullish sentiment. At the moment, the classical figure of the technical analysis Flag (H1 timeframe) has been formed, which is a continuation form of the current trend. Indicators also point to the continuation of the upward trend: the price is above 50 MA and 200 MA; The MACD histogram has fixed in the positive zone and continues to rise. We recommend you to pay attention to this situation.
It is better to consider purchases of USD/CAD if the price fixes above 1.35100. The movement is tending potentially to 1.35700-1.35850. Confirmations and entry points to the market should be looked for on the smaller timeframes.
by , 2017.06.01
Este artículo representa una opinión personal y no debe interpretarse como un consejo de inversión, y/u oferta, y/o una petición persistente para llevar a cabo transacciones financieras, y/o una garantía, y/o un pronóstico de eventos futuros.
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