GBP/CAD,D1
Pivot: 1.7476
Analysis:
While the price is above 1.7158, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.7476
- Take Profit 1: 1.7641
- Take Profit 2: 1.7777
Alternative scenario:
If the level 1.7158 is broken-down, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.7158
- Take profit 1: 1.6931
- Take Profit 2: 1.6796
Comment:
RSI shows the possibility of an uptrend in the medium term.
Key levels:
Resistance Support
1.7912 --------- 1.7158
1.7777 --------- 1.6931
1.7641 --------- 1.6796
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