Indicators used:Stochastics (default setting)Bollinger bands (default setting)
I am expecting this pair to range or go higher.
Both currencies are strong and currently, there is not much activity on the pair for sometime.
I expect the range action to continue. Forecast price is 1.9022
The weekly chart is showing reversal signs, i expect the cad currency to show more gains in coming weeks and take the pair down.
The stochastic indicator has also crossed down on weekly chart, signalling possible c…
I am expecting this pair to range or go higher.
Both currencies are strong and currently, there is not much activity on the pair for sometime.
I expect the range action to continue. Forecast price is 1.9022
The weekly chart is showing reversal signs, i expect the cad currency to show more gains in coming weeks and take the pair down.
The stochastic indicator has also crossed down on weekly chart, signalling possible c…