fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for CAD Wed Dec 11, 2013 9:47 am | |
| Technical Analysis for CAD The pair dropped and stabilized below Linear Regression Indicators and is currently trading below the previous top 1.0607. Therefore, we prefer to remain intraday neutral in this report as the overall upside move is still valid, we need new confirmation signals due to stabilizing below Linear Regression Indicators. Support: 1.0585, 1.0555, 1.0525, 1.0500, 1.0475 Resistance: 1.0635, 1.0660, 1.0680, 1.0700, 1.0725 Recommendation Based on the above, we prefer to remain neutral waiting for confirmation signals | |
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