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Expert In



Kiwi to test 1.3822 May 29, 2020


On the 4 hour chart, the USD/CAD pair is going to liquidity void and BIVI (buy-side imbalance volume). Both of them will act as a magnet area for Kiwi. However, this pair needs to rise above the 1.3822 level. Although there is a liquidity void above that level, from the technical point of view pay attention to the CCI (30). If the pair fails to reverse from above the 0 level or if this pair breaks out and closes below the 1.3731 level, it is likely to grow.


The material has been provided by InstaForex Company -