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Bulls Taking Over On USDCAD, 1.3180 May Be Reached

Discussion in 'Technical Analysis' started by Kaitlin, May 6, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    USDCAD is turning up sharply this week from our Fibonacci support level that projected a low near 1.2460. We see a sharp reversal with more than 400pips so far which is not a surprise as sharp reaction is very common after a completed ending diagonal. When this pattern is finished[​IMG]

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