USD/CAD,D1
Pivot: 1.2775
Analysis:
Provided that the currency pair is traded above 1.2420, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point:1.2775
- Take Profit 1: 1.2950
- Take Profit 2: 1.3130
Alternative scenario:
In case of breakdown of the level 1.2420, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.2420
- Take Profit 1: 1.2300
- Take Profit 2: 1.2180
Comment:
RSI shows the possibility of an uptrend during the day.
Key levels:
Resistance --- Support
1.3280 -------- 1.2420
1.3130 -------- 1.2300
1.2950 -------- 1.2180
EUR/JPY Forecast Fundamental Analysis | Euro / Japanese Yen
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