The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
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In our analysis on USDCAD from August 18th we noted that we remain bullish USDCAD and we are expecting a move to new highs above 1.28. Price delivered and made a new higher high at 1.2947. However on the last trading day of the week the daily candlestick was not so much bullish.
Red line- support
Green rectangle- major bullish support
USDCAD remains above the red upward sloping trend line support and the key green rectangle support level. Trend remains bullish as long as price is above the green rectangle support. Breaking below the red trend line support we will have our first sign of weakness.
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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