Invezted

Usd/Cad Roadmap for 25.06.15

FX:USDCAD   U.S. Dollar/Canadian Dollar
115 0 2
Context:
after price broke the resistance at 23450 price rallied to the broken support at 24000 wher price
formed a small range , if we break this small range to the downside and price rejects the broken resistance
we can speak of a sign of strenght ,

Trading Opportunities:
Long:

Retracement of demandline + broken resistance at 23450
breakout of broken support at 24000

short:
Reversal at broken support 24000


Signs of strength:
upchannel
buying pressure
broken resistance

Signs Of weakness:
rejection of broken support


Support:
23450
22760


Resistance:
24000
24600


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