BrokersDiff compare brokers before investing

All of Wednesday’s downward objectives were met as Tuesday’s powerful upside rejection deepened. But the latter part of the day’s trading was a sharp rejection of the lows. This positive rebound regained all of the initial decline and, importantly, kept USDCAD above the key 13-day moving average, on a closing basis. So, this morning’s call is bullish and looking for gains to develop further.

A move to 1.2976 means the stop can be raised to break even

Time horizon: intraday, closing 16:00 London time