Invezted

Usd/Cad Roadmap for 01.07.15

FX:USDCAD   U.S. Dollar/Canadian Dollar
65 0 2
Context:

price broke out of a major resistance and supplyline at 24000 on increased momentum
which is a sign of strenght , we trade towards the resistance level of 25500 and furthermore
the mean of a former range at 26000 , any break of the current demandline and a lower high will
bring us back or near to the minor support at 24750 any higher low at arround 24900 can be seen
as strenght aswell.

Signs of strength:
broken resistance
broken suppyline
increased upside momentum

Signs Of weakness:
none

Support:
24750
24000

Resistance:
25500
26000

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