Δευτέρα 7 Μαρτίου 2016

Technical Analysis USD/CAD

Still in the final stages of downtrend. A break of 1.33120 will open the door to our 78.6% and our long term weekly buy line signal at 1.32300. Trading today can be a SELL on a breakdown of 1.33120 towards our final target of 1.32330 with a 30 pip stop above your entry price. A BUY can be initiated around the 1.32300 level looking for a decent bounce from here back to the highs.

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