Mon, Mar 01, 2021 @ 06:44 GMT
Home Contributors Technical Analysis USD/CAD Approached Dynamic Support

USD/CAD Approached Dynamic Support

USD/CAD decreased significantly after the false breakout above the confluence area formed by the median line (ml) with the lower median line (LML). Price failed to stay above the median line (ml) of the minor ascending pitchfork and now approaches the lower median line (lml). A breakdown from the minor pitchfork will signal a further drop.

MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

Featured Analysis

Learn Forex Trading