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USDCAD BREAKEVEN

USDCAD BREAKEVEN

9th June 2017 contacttf

The relative strength index (RSI) is most commonly used to indicate temporary overbought or oversold conditions in a market. An intraday forex trading strategy can be devised to take advantage of indications from the RSI that a market is overextended and therefore likely to retrace.

This has been on my radar for some time.

USDCAD CLOSED BREAKEVEN. The price did not surge as expected. I may get back in lower. #usdcad #forexwealth #forexearning

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

9th June 2017

Categories:USDCAD

Tags:breakeven, USDCAD

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