fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for CAD Fri Dec 20, 2013 11:16 am | |
| Technical Analysis for CAD The pair failed to stabilize above resistance level 1.0725 pushing it sharply to the downside yesterday, yet the drop didn’t break 1.0660 and the pair didn’t stabilize below it. Meanwhile, trading stabilized below Linear Regression Indicators weakening positivity. Therefore, we prefer to remain neutral in the European session report waiting for confirmation signals. Support: 1.0660, 1.0605, 1.0580, 1.0555, 1.0525 Resistance: 1.0685, 1.0700, 1.0725, 1.0750, 1.0800 Recommendation Based ont he above, we prefer to remain neutral waiting for confirmation signals | |
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