Technical Analysis : USD/CAD 23 April 2020

23 April 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/CAD

Forex Technical Analysis : USDCAD 23 April 2020

Forex Technical Analysis : USDCAD

Target Level 1.4032

Date : 23 April 2020

Support Line (A) : 1.4032 – Last TP of Rising Wedge

Resistance Line (B) : 1.4265 – Last TP of Rising Wedge

Target Period : 2 days

Interval : 4 hours

Pattern : Rising Wedge

Length : 58 Candles

Detail : Rising Wedge identified at 22-Apr-08:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.4032 within the next 2 days.

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.

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