Invezted

Usd/Cad Roadmap for 24.06.15

FX:USDCAD   U.S. Dollar / Canadian Dollar
45 0 1

Context:

price first rejected the resistance level of 23450 , but buyers stepped up at tthe level of 22800 near the demadnline
of the channel , and now we have signs of increased buying pressure , towards the broken support at 2400

Trading Opportunities:
Long:

retracement at broken resistance 23450

Short:
Reversal at broken support 24000

Signs of strength:
upchannel intact
buying pressure


Signs Of weakness:
rejection of resistance


Support:
22800
22570
21600

Resistance:
23800
24000

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