Analytics is based on the circular level, price channels and altered wave analysis.
7/30/2019 Technical Analysis USDCAD
The general movement of the currency pair USDCAD Downward. Estimated correction (ascending structure) formed on the indicator Awesome Oscillator Bear divergence, and the indicator Stochastic with parameters 30.10.10., USDCAD Signals output from the overbought. Break of 1.3144 will give a mirror layer formation of the descending pattern ABC.
Our view on the pair USDCAD:
Sell the pair USDCAD below 1.3144.
Stop Loss - 1.3220.
Target level - 1.3021.
Author: Eugene Boguraev Grand Capital
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