Trade n Trend

Home » USA Trading Sessions » USD/CAD Technical Levels for USA Trading Sessions 12/04/2016

USD/CAD Technical Levels for USA Trading Sessions 12/04/2016

The USD/CAD pair is losing 0.19 % at 1.2872 and a breakdown of 1.2851 (2016 low Apr.12) would aim for 1.2827 (monthly low Oct.15 2015) and finally 1.2124 (monthly low Jun.16). On the other hand, the initial up barrier aligns at 1.3067 (20-day SMA) ahead of 1.3290 (23.6% Fibo of 1.4692-1.2858) and then 1.3393 (200-day SMA).

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: