Strong Resistance: 62.10
SMA200 ( very strong resistance) on the head of the price.
Bullish trend line ( Black) + Resistance form a wedge pattern which cretates an encirclement. The breakout is unavoildble to espcape the encirclement.
Price now stops at Kumo cloud : Likely reach into Kumo cloud.
Especially, there is a strong divergence between RSI and price.
---------------> All contribute to the bearish trend coming in the near future.
I expect Oil is back to the downtrend.
And what we should do ?.
BUY USDCAD is a good choice.
--------------------
Any contact: LH admin: admin@trackingforexsignals.com
Support: support@trackingforexsignals.com
Website: www.trackingforexsignals.com
FB page: www.facebook.com/sforexsingals
Best Regard!
- -TrackingForexSignals.com--
Do the Right thing- Think the right way.
SMA200 ( very strong resistance) on the head of the price.
Bullish trend line ( Black) + Resistance form a wedge pattern which cretates an encirclement. The breakout is unavoildble to espcape the encirclement.
Price now stops at Kumo cloud : Likely reach into Kumo cloud.
Especially, there is a strong divergence between RSI and price.
---------------> All contribute to the bearish trend coming in the near future.
I expect Oil is back to the downtrend.
And what we should do ?.
BUY USDCAD is a good choice.
--------------------
Any contact: LH admin: admin@trackingforexsignals.com
Support: support@trackingforexsignals.com
Website: www.trackingforexsignals.com
FB page: www.facebook.com/sforexsingals
Best Regard!
- -TrackingForexSignals.com--
Do the Right thing- Think the right way.
