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Forex currency market USDCAD forecast trading solutions 04/13/2020

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USDCAD pair analytics based on round levels, price channels and modified wave analysis.

USDCAD Technical Forecast


The general trend of the USDCAD pair is upward. Support level 1.3920 is holding back sellers. A Bullish divergence has formed on the Awesome Oscillator indicator, and the Stochastic Oscillator indicator signals oversold. A downward truncated structure of the H8 level was formed.

 

 

 

USDCAD rate online


USDCAD trading plan today:

Buy the USDCAD pair on the formation of an ascending structure, where wave (A) breaks through an inclined channel of a descending truncated structure of level H8.

Stop Loss at a local minimum (1.3920).

Target levels - 1.4318; 1.4650.

 

 

Grand Capital Analytics

 

Analytical reviews and comments on them reflect the subjective opinion of the authors and are not a recommendation for trading. Forex Special is not responsible for possible losses in case of using review materials.

 

 

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