USDCAD Bullish Continuation Possibility

2 thg 2, 2022

I predict that USDCAD will continue its bullish movement. This assumption is based on the Fibbonaci cluster that brings together the 3 golden ratios of the Fibbonaci. 1,618 external retracements, 2.24 external retracements, and 1,168 of the price projection ratio. The three areas meet at the price range of 1.2822 - 1.29085, where the price range is also my prediction for the price to move into that range.

Note : The market will always change, I'm just sharing my view on the possibility the market will go away. If you have a different perspective from your analysis view, let me know in the comments.