empty
 
 
pk
سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

27.02.202313:53 Forex Analysis & Reviews: USD/CAD upside continuation, 1.3646 as upside obstacle

Exchange Rates 27.02.2023 analysis

USD/CAD Uptrend!

The USD/CAD pair increased as much as 1.3646 on Friday, where it found supply again. Now, it has dropped a little. It is trading at 1.3592 at the time of writing. You knew from my previous analyses that the currency pair could develop a larger upward movement after passing above the downtrend line.

Now, the uptrend line represents a downside obstacle. As long as it stays above it, the USD/CAD pair could extend its uptrend.

USD/CAD Trading Conclusion!

Staying above the uptrend line and making a new higher high, jumping above 1.3646 activate further growth. This scenario represents a buying opportunity.

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.