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FX.co ★ Control zones USDCAD 11/07/18

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Forex Analysis:::2018-11-07T08:29:06

Control zones USDCAD 11/07/18

This is a case of local accumulation zone of the medium-term structure. Purchases from NKZ 1/2 1.3071-1.3061 must be kept on.

You can hold a long position. It is necessary to transfer the interest to the last week maximum. Moreover, if it's not, then it's possible to consolidate. It's 1: 3.

 Control zones USDCAD 11/07/18

There is a flat zone. In case of any circumstances, it leads to a sharp increase in supply.

If you are a man, you can take it. The NCB 1/2 1.3071-1.3061. It is more likely that this will be the case. To date, the reversal rate is close to 30%. This plan must be used as an auxiliary. Most currencies are the same as the effect on the USDCAD.

 Control zones USDCAD 11/07/18

Daily CZ - daily control zone. The area is formed by the market.

Weekly fault - weekly control zone. The zone is formed of the marks of the futures market which change several times a year.

Monthly fault - monthly control zone. This is a zone of volatility over the past year.

Analyst InstaForex
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