Tuesday 8 April 2014

FOREX Trading: USD/CAD Technical Analysis on 8th April 2014

FOREX Signals
USD/CAD Today
Weekly data:
At the senior schedule generally observed only upward movement. In the data the pair is testing the support area 1.1, the successful overcoming of which would open the way to a mark of 1.06. The main purpose for the vendors can deliver 0.98 zone.

Daily data:
Junior secondary testing schedule observed 1,095 support zone. Given the strong removing steam from the main line of the uptrend can be expected to continue downward movement. Initial short-term goal for the sellers deliver 1.07 zone. Protective pause point for short positions will swing high of 1.13.

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