{"id":132225,"date":"2018-08-20T06:55:37","date_gmt":"2018-08-20T10:55:37","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=132225"},"modified":"2018-08-20T06:40:11","modified_gmt":"2018-08-20T10:40:11","slug":"%e2%80%8busd-cad-potential-trend-line-retest","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/08\/%e2%80%8busd-cad-potential-trend-line-retest\/","title":{"rendered":"\u200bUSD\/CAD Potential Trend Line Retest"},"content":{"rendered":"
August 20, 2018<\/div>
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By Admiral Markets<\/b><\/p>\n

\"USDCAD<\/a>Source: Admiral Markets MT5<\/a> with MT5SE Add-on<\/a><\/p>\n

The USD\/CAD<\/a> has broken through the trend line and we might see a retest on a bullish retracement. 1.3094-1.3104 is the POC zone and fresh selling is expected if the price gets into the zone. Targets are 1.3049 and 1.3027. A break of 1.3025 should target the 1.2990 zone, but only if the price holds below 1.3135, then this scenario should be valid.<\/p>\n

W L3 – Weekly Camarilla Pivot (Weekly Interim Support)<\/p>\n

W H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)<\/p>\n

W H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)<\/p>

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Free Reports:<\/p><\/div>\r\n

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<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

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<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

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<\/div>\n

M H4 – Monthly Camarilla Pivot (Very Strong Monthly Resistance)<\/p>\n

M L3 \u2013 Monthly Camarilla Pivot (Monthly Support)<\/p>\n

M L4 \u2013 Monthly H4 Camarilla (Very Strong Monthly Support)<\/p>\n

POC – Point Of Confluence (The zone where we expect price to react aka entry zone)<\/p>\n

This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks<\/a>.<\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: \u200bUSD\/CAD Potential Trend Line Retest<\/a><\/p>\n

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Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets Source: Admiral Markets MT5 with MT5SE Add-on The USD\/CAD has broken through the trend line and we might see a retest on a bullish retracement. 1.3094-1.3104 is the POC zone and fresh selling is expected if the price gets into the zone. Targets are 1.3049 and 1.3027. A break of 1.3025 should […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-132225","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=132225"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132225\/revisions"}],"predecessor-version":[{"id":132236,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132225\/revisions\/132236"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=132225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=132225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=132225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}