Invezted

Usd/Cad Mapping the Territory w/c26 / 22.06.15

FX:USDCAD   U.S. Dollar / Canadian Dollar
36 0 1
Context:
after the broken support of 24000 price attempted to rally off the demandline , but price
got rejected at the former mean of the range at 26000 which is a sign of weakness,
however the selling pressure isnt powerfull at the moment so there is still chance that price
attempts another rally , but this time it also has to takeout the supplyline... in order to speak of
strenght returning. if we break the demandline for good we will see a retest of the 50% mark at 17000


Signs of strength:
uptrend

Signs Of weakness:
broken support
rejection of the mean

Support:
21500
20000
17000

Resistance:
24000
26000
28000

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