Wednesday, January 6, 2021

USDCAD ANALAYSIS January 2021

ANALYSIS 29-JAN-2021

Bigger Picture of USDCAD.



ANALYSIS 26-Jan-2021

Above 1.2779, we can see 1.2823-1.2837-1.2844, 1.2872-1.2893...
Supports: 1.2732/1.2686.


Analysis 22-Jan-2021

Done min target at 1.2639/29 and made low 1.2589.
Above 1.2800, we can see bull move towards 1.3, 1.35.
Previous analysis applies, extension can be 1.2357.


Analysis 06-Jan-2021 

CMP: 1.2666; Sup: 1.2621; Res: 1.2955/1.3389
Normal target for this down move done at 1.2629
Extension can be 1.2357.

As per my view reversal/bottoming is in progress.

Let us see how this progresses.


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