USD/CAD: The Direction of highest Probability is now bullish

Tian Kriek

Analyst


November 16, 2018 01:08 AM

BULLISH

Daily Trading Range:
USD/CAD: The Direction of highest Probability is now bullish on the Monthly Time Frame as the Falling wedge pattern was broken to the upside. I now am waiting for a 123 Buy signal on the Daily chart

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 1.3270
Resistance 2: 1.3300
Resistance 1: 1.3450
Current Price 1.3159
Support 1: 1.3000
Support 2: 1.2800
Support 3: 1.2500

Two Hour Chart

Two Hour Chart