Daily price is located above 200 day SMA (200 SMA) and 100 day SMA (100 SMA) for the primary bearish market condition with the secondary ranging between Fibo support level at 1.4001 and Fibo resistance level at 1.4689: Bearish support reversal level for daily timeframe is 1.3140 so if the price breaks this level - we can see the reversal of the price movement to the primary bearish market condition."Last week the Canadian Dollar reached its lowest level ever on this survey! ...
Traders all over the world use trend lines to project price into the future and identify potential turning points. In this video we teach you how to use trend lines and apply them to your trading. More...