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candlesticker
Mar 28, 2017 1:35 AM

USD/CAD Short Term  Short

USD/CADOANDA

Description

USD/CAD has been respecting the following support/resistance levels. Good chance of the pair bouncing back to support.

Comment

Price rose higher than expected due to strong US data and broke resistance several times however was not able to stay above it. With crude oil price rising and unexpected U.S crude oil inventory deficit today, the pair took a tumble down to support. Possible entry position to ride the pair back to resistance.
Comments
Marto_Jekko
also believe that .332 is support...
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