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FxWirePro
Jul 24, 2015 11:52 AM

Loonie breaks major resistance 1.3050,targets 1.3380  Long

U.S. Dollar/Canadian DollarFXCM

Description

USD/CAD breaks major resistance 1.3050 which confirms short term bullishness, jump till 1.3399 cannot be ruled out .

Overall bullish invalidation can happen below 1.2980. any break below 1.2980 will target 1.2940/1.2915.

Minor support are 1.3035/1.3000.

It is good to buy at dips around 1.3050-55 with SL around 1.2980 for the TP of 1.3180/1.3390
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