Technical Analysis : USD/CAD 7 July 2020

Forex Technical Analysis : USDCAD

Target Level 1.3624

Date : 7 July 2020

Support Line (A) : 1.3520 – Last TP of Pennant

Resistance Line (B) : 1.3624 – Last TP of Pennant

Target Period : 11 hours

Interval : 4 hours

Pattern : Pennant

Length : 24 Candles

Detail : Pennant identified at 06-Jul-20:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3624 within the next 11 hours.

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.