USD/CAD reached buy target 1.3600

USD/CAD reached buy target 1.3600

  • USD/CAD reached buy target 1.3600
  • Next buy target - 1.3800

USD/CAD has been under bullish pressure lately – after the earlier breakout of the powerful resistance level 1.3600 (which reversed the previous waves 3 and (A) and which was set as the buy target in our previous forecast for this currency pair). The breakout of the resistance level 1.3600 accelerated the active impulse waves 3 and (C) – which belong to the primary Ⓑ-wave from last year.

USD/CAD is expected to rise to the next buy target at the next resistance level 1.3800 (target price for the completion of the active minor impulse wave 3).

 

cad

Similar

EUR/USD: bearish 'High Wave'

We should keep an eye on the lower 'Window' as the next intraday target. A pullback from this level could be a starting point for...

eur

Popular

Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

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

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

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