USDCAD: May break out soon
The price had been falling for a while, then entered a platform. Now, where would the price go?
There is no obvious chart pattern for the price, so we need to find other signals.
First, the MACD went through a bullish cross and has been going up for a while. This is a good signal. Also, the RSI is going up.
The Bollinger Bands shrunk, which means there could be a big change soon.
We still need to find a support area for the price, I would consider this platform a support area. The price may go up from here.
Let’s expect the price to go up
There is no obvious chart pattern for the price, so we need to find other signals.
First, the MACD went through a bullish cross and has been going up for a while. This is a good signal. Also, the RSI is going up.
The Bollinger Bands shrunk, which means there could be a big change soon.
We still need to find a support area for the price, I would consider this platform a support area. The price may go up from here.
Let’s expect the price to go up
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.