Δευτέρα 18 Απριλίου 2016

Technical Analysis USD/CAD

Technically the longer term trend is Bullish. However one more low around the 1.26000 may be visited first before higher. SELL @ 1.30000 with a 40 pip stop down to support @ 1.28650 (where we look to take profit and evaluate. Further weakness will see a challenge on the lows around 1.27560 where we will look to BUY with tight stops of 30/40 pips looking for the 1.30000 area again. Play the range until it isn’t a range folks.
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