Dólar Americano/Dólar CanadenseViés de alta
USDCAD Intra Week Outlook 22/04/20
Fundamentals : Recent news have shown us that OIL has dropped to 0 dollars. USDCAD & Oil has a negative correlation. Meaning if Oil goes down, USDCAD goes up. Therefore, my bias is a buy fundamental wise.
Technicals : Recent market structure has confirmed to be bullish due to a breakout and retest of the descending trendline. Drawing the Fibonacci retracement from the first to second leg of the bullish move is shown confirmation by hitting the TP level. As the first market cycle ends, will be looking for USDCAD to hit TP 2 level.
Trader's Arena Fx
Technicals : Recent market structure has confirmed to be bullish due to a breakout and retest of the descending trendline. Drawing the Fibonacci retracement from the first to second leg of the bullish move is shown confirmation by hitting the TP level. As the first market cycle ends, will be looking for USDCAD to hit TP 2 level.
Trader's Arena Fx
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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.