Invezted

Usd/Cad Roadmap for 22.06.15

FX:USDCAD   U.S. Dollar/Canadian Dollar
25 0 1
Context:
the selling pressure increased as we broke the minor support at 22800 , but price
rejected the fromer broken resistance at 21600 , so we have a rather tricky situation to trade at hand.. therefore wait for clear signs before entering any position, we currently reside at the former broken support at 22800

Trade Opportunitys:

Long:
reversal at support , higher low at 21600
breakout of supplyline and former support at 22800

Short:
retracement at former broken support and supplyline at 22800
reversal at resistance 23450


Signs of strength:
rejection of broken resistance

Signs Of weakness:
broken support
increased selling pressure

Support:
22200
21600


Resistance:
22800
23450
24000


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