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GBPCAD Weekly Outlook - 1.8789 resistance level as a nearest bullish reversal target

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by , 06-19-2016 at 09:20 PM (904 Views)
      
   
Daily price is located below Ichimoku cloud on the bearish area of the chart: the price is started with secondary market rally with 1.8434 resistance level to be broken for the rally to be continuing and with 1.8789 resistance level as a nearest bullish reversal target. Alternative? if 1.8789 resistance is not going to be broken on close daily bar so the price will be started on the secondary ranging condition within the primary bearish trend.

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