- The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
- The increase in sellers is observed both in the upward movement and in the retracement movements. Retail traders still believe in the possibility of price decrease.
- The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
- The first target is at the level of the previous peak - 1.3755, and the second one, in case of an active price increase, is at the level - 1.378
USDCAD - Upward trend will continue, Long trade by market price recommended
September 27, 2022 8:49:47 AM
Forecast Details
PairUSDCAD
Direction
Buy
StatusClosed (1.3765)
+100 p
1.3780
Target 2
+75 p
1.3755
Target 1
1.3680
Entry
-70 p
1.3610
Stop Loss
Chart & Analyst Comments
