As you can see in the USDCAD currency pair chart, the Como cloud has been flattened and its thickness has been minimized, so we expect it to break the price. In the CCI indicator, we expect the price to reach the trend line and break it upwards, in which case we will see a pullback and then we will see the price increase up to 200.
If the price fails to break the CCI trend line, it could be a signal to lower the price, and we expect the price to then cross the cloud and fall to the price of 1.34900, otherwise the price could cross the resistance range (orange). ) Pass and increase to the target of 1.36867.
🔸Signal by Yazdani
If the price fails to break the CCI trend line, it could be a signal to lower the price, and we expect the price to then cross the cloud and fall to the price of 1.34900, otherwise the price could cross the resistance range (orange). ) Pass and increase to the target of 1.36867.
🔸Signal by Yazdani