Πέμπτη 17 Μαρτίου 2016

Technical Analysis USD/CAD

UsdCad hit the 88.6% downside target, our 55 EMA is on the weekly timeframe and a trend line support area as noted on the H1 chart. BUY any dip to 1.30200 with a 40 pip stop. Ultimately we are looking for 1.39300 / 1.40000 again. 1.33300 will offer strong resistance to start with so tread lightly up there.

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