USD/CAD broke resistance zone

USD/CAD broke resistance zone

  • USD/CAD broke resistance zone
  • Next buy target - 1.3000

USD/CAD today broke the resistance zone lying between the resistance level 1.2770 (top of the previous minor correction 4), 38.2% Fibonacci correction of the previous extended downward price impulse from May. The breakout for this resistance zone was preceded by the breakout of the resistance level 1.2600 (top of the earlier corrective wave A and previous buy target). USD/CAD is expected to rise to the next buy target at the next round resistance level 1.3000.

cad

Similar

Bitcoin (BTC/USD) opening the doors for a lower extension

As we had anticipated in previous reports, Bitcoin has finally made a break of the important level of support at 12,852 and is now on track to reach the Fibonacci level of 0% at 10,680, which could mean a bearish continuation that will allow to…

Popular

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera