Invezted

Usd/Cad Roadmap for 23.06.15

FX:USDCAD   U.S. Dollar/Canadian Dollar
40 0 1
Context:
after price got rejected off the former broken resistance at 21600 , price rallies thru a resistance level of 23450
and is currently heading towards the broken support of 24000 , where one could lookout for a reversal, overal
price should still be considered in a rather weak position,


Trading Opportunities:


Long:
retracement at broken resistance 23450

Short:
reversal at broken support 24000

Signs of strength:
rally from broken resistance which turned support
broken resistance

Signs Of weakness:
downtrend still intact


Support:
23450
22550
21600


Resistance:
24000
24600


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