Wednesday, June 22, 2016

USD/CAD

Summary :
Target Level : 1.2763
Target Period : 3 days

Analysis :
Head and Shoulders identified at 22-Jun-00:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.276 within the next 3 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.2827Last resistance turning point of Head and Shoulders.

Support Levels
( A ) 1.2763Last support turning point of Head and Shoulders.