Technical Analysis : USD/CAD 29 April 2020

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

Forex Technical Analysis : USDCAD 29 April 2020

Forex Technical Analysis : USDCAD

Target Level 1.3879

Date : 29 April 2020

Resistance Line (A) : 1.4073 – Last TP of Descending Triangle

Target Period : day

Interval : 4 hours

Pattern : Descending Triangle

Length : 40 Candles

Detail : Descending Triangle has broken through the support line at 28-Apr-20:00. Possible bearish price movement forecast for the next day towards 1.3879. (Supported by Downward 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.

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