TradingView
Kishore
16 okt 2016 21:03

`USDCAD SUPPORT BREAKOUT 

U.S. Dollar/Canadian DollarFXCM

Beskrivning

MARKET ANALYSIS: The pair is trading inside a channel and now the market has broken the channel support. But there is major support line near the current market price. So once if the support breaks can expect a new lower lows.

Alternate scenario: If the market holds above the support level. We can expect a uptrend to the channel resistance level. So lets wait and see what the market does in the coming days. Cheer!

Handel aktiv

Handel aktiv

Trade stängt: målet nått

Kommentarer
tkarthi1
What would be the TP
Kishore
1.30000 long term target!
paulsubbureddy
In this pair in sell as well as in buy sl must have been triggered. Am i correct KIshore?
Kishore
Hello sir, We cant enter long until the channel support holds it. So we are in sell trend only. Can't go buy in this until it breaks channel and stays above it!
paulsubbureddy
tnks for clarifying.
Mer