Inside Bar on USD/CAD

Inside Bar on USD/CAD

At the moment, the corrective movement is being observed on USD/CAD after a significant drop since the end of August. The trading instrument has the potential for further recovery. A number of the classic patterns of the Price Action "Inside Bar" was formed on the 4-hour chart. We recommend you to pay attention to this situation.

If the price fixes above 1.23250, it is necessary to consider buying USD/CAD. The immediate goal for fixing profits is a round level of 1.24000. In the medium term, the USD/CAD currency pair may reach the level of 1.25000. Confirmations and entry points to the market should be looked for on lower timeframes.

by JustForex, 2017.09.19

Este artículo representa una opinión personal y no debe interpretarse como un consejo de inversión, y/u oferta, y/o una petición persistente para llevar a cabo transacciones financieras, y/o una garantía, y/o un pronóstico de eventos futuros.

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