The price box above is the obvious target for the USD/CAD longs who must adjust their stop-loss accordingly and get a favorable reward/risk. chart: investing.com
USD/CAD lost crucial support level with hands down falling prey to the strong oil price bounce. chart courtesy: investing.com
USD/CAD will hit my target (1.2835) first before becoming a buying opportunity. source: investing.com
Better wait before you buy USD/CAD source: investing.com
1,3063 is THE level to watch. source: investing.com
Waiting for USD/CAD to break overhead resistance @ 1.3130 for a retest of the 11-year high. The hourly trend is up. USD/CAD (hourly) Chart: http://www.Investing.com Petros Steriotis
USD/CAD has broken 1.31 resistance (from 2008) to mark highest level since 2004. Next long-term resistance located @ 1.35. Bullish. USD/CAD (20 years) Chart: Stockcharts.com Please read the Disclaimer! Petros Steriotis
Click the following link to read my article on INVESTING.com: http://www.investing.com/analysis/usd-cad-technicals-mar-17,-2015-245217 Content provided to and re-published from http://www.INVESTING.com Please read the Disclaimer!