USD/CAD,D1
Pivot: 1.2520
Analysis:
While the price is above 1.2420, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.2520
- Take Profit 1: 1.2690
- Take Profit 2: 1.2810
Alternative scenario:
If the level 1.2420 is broken-down, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.2420
- Take Profit 1: 1.2250
- Take Profit 2: 1.2130
Comment:
RSI shows the possibility of an uptrend in the medium term.
Key levels:
Resistance ---- Support
1.2950 --------- 1.2420
1.2810 --------- 1.2250
1.2690 --------- 1.2130
AUD/USD | Australian Dollar to US Dollar Trading Analysis
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