Home About the company Daily reviews USDCAD analysis 20.02.2020

USDCAD analysis 20.02.2020

20.02.2020

Market Review

The overall trend is downward. A descending truncated H8 level pattern has formed on the wave (C) which also has a truncated pattern. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversoldness. A breakout of 1.3240 will result in the formation of an uptrend within the overall uptrend.

Trading recommendations:

Buy above 1.3240.

Stop loss under the local minimum.

Target levels: 1.3276; 1.3319.

Author: admin
Back to all reviews Back

Subscribe to company news:

Thank you for subscribing to our analytics

Review topic

All Market Review
Log in Registration

Don't have your language?