empty
 
 
08.08.2018 08:08 AM
Technical analysis of USD/CAD For Aug 08, 2018

This image is no longer relevant

If we look at the Daily Charts at the USD/CAD pair, we will see the Bearish Harmonic Gartley 222 Pattern. Now Loonie started going down to fullfill its Target Projection 1 at the Fibonacci Retrachement 38.2% from A-D at 1.2882 as long as this pair does not break out and close above the 1.3385, Loonie have a chance to catch the Target Projection 2 at Fibonacci Retrachement 61.8% from A-D at 1.2571.

(Disclaimer)

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback