Πέμπτη 25 Φεβρουαρίου 2016

Technical Analysis USD/CAD

Back to Range trading until proven otherwise. BUY usd/cad on a pullback to 1.36850 area with a 40 pip stop looking for 1.38450. SELL usd/cad at 1.38450 with 40 pip stop looking for range bottom. If you are selling be cautious of the break of the down sloping line as shown. Ultimately we are still bullish medium term on this pair unless 1.34600 breaks. On the daily 1.35500 is the 61.8% of the down move and also today’s support 2 pivot point should we get there.

Δεν υπάρχουν σχόλια:

Δημοσίευση σχολίου