Τρίτη 26 Απριλίου 2016

Technical Analysis USD/CAD

Long term trend is Bullish. RSI Divergence on the H4/H1 charts. 2 trades. BUY STOP on a break above 1.27100 with 40 pip stop. Looking for a retrace to the highs of 1.28400s / 1.29000s. Failure to break higher you can BUY around the 1.26070 lows with tight stops against the medium term lows. MAJOR support lies around 1.25600s so look for a 1 hour reversal from this level to go long.

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