USD/CAD near breakout - buy on 2H
Market price has shown some support trough up trend line and is going into bullish upward structure. Market need to break the down trend line to turn finally bullish. Expect fast up movement if market price break the down trend line and confirm close above it.
MACD baselines are near bullish crossing which brings buyers into the market
RSI line retraced from up trend line which is bullish indicator
Bollinger bands moving up wards which implements further up movement
MACD baselines are near bullish crossing which brings buyers into the market
RSI line retraced from up trend line which is bullish indicator
Bollinger bands moving up wards which implements further up movement
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The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
