pepy Posted January 5, 2017 Author Share Posted January 5, 2017 Based on 1 hour chart it seems that USDCAD seems to have a chance to fall down, this downward trend also supported by a shooting star pattern which formed. With the price which is still moving inside the bearish channel the price has chance to fall deeper. It has potential to break the support at 1.3236 and even up to 1.3171 Quote Link to comment Share on other sites More sharing options...
pepy Posted January 14, 2017 Author Share Posted January 14, 2017 On H1 chart USDCAD upside movement this morning trying to get out of the pattern of bearish channel but is still hesitant and re-enter at this time. With the current condition then this pair is expected to be back under the pressure from seller and once again expected to fall down up to the support level at 1.3054 or lower. Quote Link to comment Share on other sites More sharing options...
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