After head-shoulders neckline 1.3800 broken, we finally have arrived the 1.3000 level last week. Where are we going from this point on?
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I am spotting a bounce forming on the 1.3000 level on the daily chart as dollar has arrived in the intervention level.
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Today We have a firm bounce on the 1.3000 level.
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still waiting for the MACD to cross.
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Latest Update
1. Price breaks above the 1.3200 on daily.
2. Price breaks the down trend resistant level.
3. MACD Cross UP
Looks like we finally got a confirmed BULL pattern on the daily chart.
1. Price breaks above the 1.3200 on daily.
2. Price breaks the down trend resistant level.
3. MACD Cross UP
Looks like we finally got a confirmed BULL pattern on the daily chart.
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USDCAD makes new highs as Crude dropped below 40$ per barrel last week.