Our Preference: Buy Above 1.2750 for the target of 1.2900 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- UsdCad was broken the triangle pattern on lower side and In last week UsdCad was closed below the 38% Fibonacci retracement level, now the trend was changed to selling side, so we can except on selling side and we can sell below the key resistance level and except upto next key support levels :- which we have shown in attached image.
In Daily Chart :- UsdCad was broken the triangle pattern on lower side and In last week UsdCad was closed below the 38% Fibonacci retracement level, now the trend was changed to selling side, so we can except on selling side and we can sell below the key resistance level and except upto next key support levels :- which we have shown in attached image.
PIPS COUNTER - SINCE JANUARY 2013 | ||
Total Trades | Total Pips | |
EUR / USD | 1135 | 10130 |
GBP / USD | 1054 | 10550 |
USD / CHF | 907 | 8945 |
EUR / JPY | 818 | 10435 |
XAU / USD | 1156 | 207955 |
TOTAL: 248015 |
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