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May 18, 2012 3:02 PM IST

Forextribe

Updated the:
05/18/2012
USD/CAD Technical Analysis comments :

Sentiment :

1.01

1.0050
The pair USD/CAD has continued its bullish movement and the breakout of 1.0150 and 1.02 both gave us a new buy signal.
The pair got out of its bullish channel from the top (black lines).
All indicators are bullish.
We continue to advise long positions as far as 1.01 is support.
The breakout of 1.0250 will give a new buy signal and will open the way towards 1.03.
In case of return below 1.01, we will be neutral between this level and 1.0050.
The breakout of 1.0050 will give a sell signal.
Complete sheet of the pair USD/CAD - Previous USD/CAD Analysis

Chart of the pair USD/CAD - Timeframe 4H - Zoom in :
 
Chart of the pair USD/CAD - Timeframe 4H - Zoom out:

USD/CAD Live Chart - Timeframe : 4h

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