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JohnFortune

UsdCad - Break Of Resistance To Provide Long Opportunity

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
JohnFortune  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis USDCAD USD CAD Forex dollarcad CADUSD forexsignals Technical Analysis technical_analysis
2
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trendanalysis chartpattern waveanalysis usdcad usd cad forex dollarcad cadusd forexsignals technicalanalysis technical_analysis
Last week we tested the 1.27730 area of support (as expected from last week) fairly deeply. As the re-test was deeper than desired we will look for a break back above the 1.27730 before looking for long opportunities to the target of 1.29973.
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