USD/CAD: The monthly Fibs are in an up ABCD swing with the D

Tian Kriek

Analyst


April 3, 2020 08:49 AM

BEARISH

Daily Trading Range:
USD/CAD: The monthly Fibs are in an up ABCD swing with the D extension +720 pips away. The Weekly Fibonacci D extension has been hit suggesting that price is overbought. I am refraining from buying. Get this chart and analysis for free. Copy and Paste the following link in your browser: https://smarttrader.com/charts/tkriek/tk-aod-workspaces-3-april/

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 1.5200
Resistance 2: 1.5000
Resistance 1: 1.4800
Current Price 1.4134
Support 1: 1.3000
Support 2: 1.2800
Support 3: 1.2500

Two Hour Chart

Two Hour Chart
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