|USD/CAD Technical Analysis comments :|
|The pair USD/CAD broke last friday the resistance at 0.9925, giving us a buy signal.|
The pair got out of its bearish channel (purple lines) and has just validated the breakout of the resistance at 0.9965.
All indicators are bullish.
We continue to advise long positions as far as 0.9911 is support.
The breakout of 1.0020 will give a new buy signal and will open the way towards 1.0050.
In case of return below 0.9911, a sell signal will be given.
|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|