Technical Analysis : USD/CAD 29 April 2020
29 April 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/CAD
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
If you open a live account with a broker that support Autochartist, you’ll get :
– Analysis as low as 15 minute data intervals.
– Short term forcasts.
– Risk and volatility information.
