Technical Analysis : USD/CAD 11 June 2020

Forex Technical Analysis : USDCAD

Target Level 1.3504

Date : 11 June 2020

Support Line (A) : 1.3316 – Last TP of Falling Wedge

Target Period : 2 days

Interval : 1 hour

Pattern : Falling Wedge

Length : 199 Candles

Detail : Falling Wedge has broken through the resistance line at 11-Jun-07:00. Possible bullish price movement forecast for the next 2 days towards 1.3504. (Supported by Upward sloping Moving Average)

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Autochartist

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– Analysis as low as 15 minute data intervals.

– Short term forcasts.

– Risk and volatility information.