fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for CAD Thu Jan 23, 2014 1:35 pm | |
| Technical Analysis for CAD USDCAD broke sharply higher, negating the bearish correctional scenario, and confirming a major bullish break above 1.1000 psychological level. Further upside is likely now, although we might see a minor pullback following the strong overbought signals, but the bullish scenario is favored. Support: 1.1100, 1.1080, 1.1050, 1.1020, 1.0995 | |
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