REDATOR Redator Postado Setembro 10 REDATOR Denunciar Share Postado Setembro 10 USD/CADThe USD/CAD pair has reached the target resistance at 1.3860. A pullback is possible, as the price is essentially within the sideways range observed in the second half of April.However, the Marlin oscillator is confidently starting to rise in positive territory, so the probability of the price consolidating above the 1.3860 level is more than 50%. After such consolidation, growth toward the next target resistance at 1.3958 is possible.It's also worth noting the price's attempt to pull away from the balance line after unsuccessful attempts to drop below it from September 5–9. This signals the price's desire to accelerate its rise.On the H4 chart, the price began a decisive rise after a triple reversal from the MACD line. Unlike the previous two rebounds, this time the Marlin oscillator is in the territory of an upward trend. Now the price needs to consolidate above the reached 1.3860 level.The material has been provided by InstaForex Company - www.instaforex.com Citar Link para o comentário Compartilhar em outros sites More sharing options...
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