USD/CAD – Week 36 – Bouncing off from the support?
In our previous forecast, we expected the price to drop a bit from the last week’s level before reversing.
In the coming days, even though we broke the lower channel line, we expect the price to enter a corrective B wave from the support level highlighted on the chart.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
In the coming days, even though we broke the lower channel line, we expect the price to enter a corrective B wave from the support level highlighted on the chart.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
