USDCAD Pair Ki Technical Analysis
4-hour Chart
Pair k liye ye haftha bearish raha, kyun ke price ne trading start ki price triangle k andar jo ke bana bearish red channel ke ikathay hone se, jo ke sirf pichle hafte ke price movement ko represent karta hai.
Blue upward channel price movement ka direction show karta hai pichle do hafton ke doran.
Ye pattern upward trend ko express karta hai aur downward correction ho chuki hai, aur is hafte price behavior price triangle k sath agle trend ka determinant hoga.
Price ne initially sideways direction mein move kiya jab tak ke us ne triangle ko downward break karne mein kamiyabi hasil ki, aur ye downward trend ke continuation ka indication tha, kyun ke price ne weekly support level 1.3677 ko touch kar liya.
Isliye, ye haftha bhi bearish tha, aur ye mumkin hai ke agle hafte mein aur zyada decline dekha jaye.
Jahan tak pair ka aaj ka trading taluq hai, hamare paas do trading levels hain.
Pehla level current level hai, jahan se buy entry li ja sakti hai, stop loss level ko current bottom level ke neechay set karna hai, aur target level ko weekly pivot level ke neechay set karna hai.
Agar ye scenario achieve hota hai, buyers ke paas agle hafte zyada opportunities hongi is possible positive close ke baad.
Doosra trading level current bottom level ke neechay hai, jahan price aur neechay jaye gi aur agar price current bottom level ko break karne mein kamiyab hoti hai to negative weekly close hoga.
Current bottom ek strong level pe hai, kyun ke price ne is se pichle hafte bhi rebound kiya tha.
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