Tags » Trend Line
The dollar broke above the declining trend line signaling a new daily cycle.
Since the daily cycle count has not been clear, we still need to see a break above 86.13 to form a daily swing low and confirm a new daily cycle. 116 more words
Daily EUR/CAD candlestick chart. On 17 October the daily candle had a lower shadow which touched the (ex) medium term down trend line. A perfect pull back (to the static support too: a perfect confluence). 41 more words