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The CAD trading pattern is coordinating a stage to stage whether this is the future to come

Canadian Dollar Technical analysis update

As mention, last post: Canadian Dollar face in a very interesting situation for the continuing  trend

On all my USD CAD posts  I was talked on the long-term moves and try to Draw conclusions for the future on this pair, we got the bounce and now my assumption s& scenario is a bit  complicated and you need to be  ready for a lot of movements on the USD CAD if 1.3260 area will  not hold so the next target will be at 1.3170 area and even lower to 1.3100, break down again 1.2970 will confirm more downside to 1.2860.
from the other side Support on this area will confirm continued movement up
In my opinion, if you pay close attention to the charts, you can see two identical cases, which occurred in the past in a pair, will the third time be the same?
If so, then I expect the Canadian dollar to fall into those areas I mentioned, and then move back towards 1.39
The upcoming month will be included a few important data for the looney-need to be watching:

8.2.2019 - Employment Change & Unemployment Rate
13.2.0219 - Trade Balance
21.2.2019 - Core Retail Sales
27.2.2019 - CPI m/m



USD CAD PRICE ANALYSIS
USD CAD ANALYSIS




USD CAD technical analysis:
now we are on the second leg - expecting for  a bit recover and then continue to fill this journey- the pattern will be failed if USD CAD will break up again  1.3370 or break down 1.2830
break down 1.2830 will sen cad to 1.24+_ 

USD CAD UPDATE
USD CAD CHART




This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice

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