USDCAD–Descending wedge? | Marketfy

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USDCAD–Descending wedge?

By Pro Act Traders — Author

Bearish: Currently we are @ 1.2918 in a range and a descending wedge. We are looking for a continuation to the 0.786 Fibo @ 1.2807 and then to the range bottom @ 1.2742. Watch for the bounce there. The average daily true range (ATR) for the pair currently is 108 pips.

Posted to Introduction to Forex Targe… on Jun 04, 2018 — 8:06 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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