Tuesday, August 11, 2015

USD/CAD

Summary :
Target Level : 1.2952
Target Period : 3 days

Analysis :
Triangle has broken through the support line at 10-Aug-16:00 2015 GMT. Possible bearish price movement forecast for the next 3 days towards 1.295.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.318Last resistance turning point of Triangle.

Support Levels
( A ) 1.3049Last support turning point of Triangle.