Euro / Dólar CanadenseViés de alta
Will the Price Flip Hold as Resistance?
The major support on this pair is so far holding and propping up prices.
This level has been important as a support and resistance level all year in this market.
With price making a rotation higher it is now moving back into the near term price flip resistance.
If this level holds as a resistance we could expect a further attempt to breakout lower and through the support level.
This near term resistance presents as a potential area to be watching for short trades in the coming sessions.
We could watch for high probability bearish triggers on the intraday time frames such as the 4 hour charts and below.
This level has been important as a support and resistance level all year in this market.
With price making a rotation higher it is now moving back into the near term price flip resistance.
If this level holds as a resistance we could expect a further attempt to breakout lower and through the support level.
This near term resistance presents as a potential area to be watching for short trades in the coming sessions.
We could watch for high probability bearish triggers on the intraday time frames such as the 4 hour charts and below.
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.