Oil vs USDCAD
Oil looking major support level 51.20 level until oil hit USDCAD STAYING sideway and upside.
Usdcad has been done correction last some days, If prices keep trading southwards past-1.3205, also breaking down the 1.3200, early July tops surrounding 1.3150 could be on the Bears market
Alternatively, 1.3303/08 resistance-confluence becomes the key for buyers to watch as a break of which can further escalate the pair’s rise towards levels of 1.3340 and 1.3417 respectively.
Oil vs USDCAD
Oil looking major support level 51.20 level until oil hit USDCAD STAYING sideway and upside.
Support Levels:
S-1 = 1.3200
S-2= 1.3140
Resistance Level:
R-1 =1.3320
R-2 =1.3385
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Oil looking major support level 51.20 level until oil hit USDCAD STAYING sideway and upside.
Usdcad has been done correction last some days, If prices keep trading southwards past-1.3205, also breaking down the 1.3200, early July tops surrounding 1.3150 could be on the Bears market
Alternatively, 1.3303/08 resistance-confluence becomes the key for buyers to watch as a break of which can further escalate the pair’s rise towards levels of 1.3340 and 1.3417 respectively.
Oil vs USDCAD
Oil looking major support level 51.20 level until oil hit USDCAD STAYING sideway and upside.
Support Levels:
S-1 = 1.3200
S-2= 1.3140
Resistance Level:
R-1 =1.3320
R-2 =1.3385
Please like, share/follow us and get daily/weekly/ monthly Analysis.
If you like the idea, please push like and subscribe, it motivates me to post ideas more often.