USDCAD TECHNICAL ANLYSIS

USDCAD TECHNICAL ANALYSIS

Published on
12/29/13 5:33 AM
Pacific Daylight Time
"CAD pair has long shuffles
Since 2009 until now traded in a narrow strip since determined the Depression in 2007 at0.89
In 2002, a record 1.62 in
Now faces a resistance band in the 1.08 to 1.09
If break this level then heading to the 1.14, when the target is set in 1.27"

update for 01.10.2014
As I wrote earlier this year, is expected an interesting year in the CAD

We are approaching the levels again 1:13 to 1:14 ,Nearest resistance level lies in 1.1320
When the increase following resistance levels are 1.1560 1.1700 1.1930 1.14 1.2460 1.25
Notice the interesting scenario can be generated template pair (last graph)