Πέμπτη 3 Μαρτίου 2016

Technical Analysis USD/CAD

1.34600 is our bull/bear line. 1.34600/1.35200 is good resistance at present. SELL usd/cad on a pullback to 1.34600/1.35200 area with a 40 pip stop looking for range bottom. Alternatively you can BUY at around 1.34000 and put stops 40 pips away from the March 2016 low. 1.33800 needs to hold for a bullish resumption of intraday trend, otherwise its selling rallies until further notice.

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