EuroMotif

USDCAD at or near Support. UC due for a bounce?

EuroMotif Mod מעודכן   
FX:USDCAD   דולר אמריקאי / דולר קנדי
UC approaching a couple of support zones.
If these zones do not bounce the price, then it will head much lower.
Watching closely.
הערה:
Decent bounce out of support zone, but bulls need to break this 1.618 to get more bulls on board
הערה:
Above initial support did not hold, neither did the second one. But now we are coming back up to ''previous'' support. Question is whether it will turn into Resistance now
הערה:
Nice! previous support Pierced with Vigor
הערה:
Here we are, back in the zones
Zooming in, my miscalculation becomes obvious. I expected the 4x band to hold it, but turns out it was the 5x band
Another look with the colored bands for better contrast

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