Updated the:
10/17/2012
USD/CAD : Return above the major resistance at 0.9850

Sentiment :
sentiment sur la parité EUR/CHF
0.9811
sentiment sur la parité EUR/CHF
0.9764
sentiment sur la parité EUR/CHF

--- New analysis ---
A strong bullish movement occured yesterday on the pair USD/CAD who broke the major resistance at 0.9850, giving us a buy signal. The price continues to move above a short term bullish slant (blue line in h1).

We now advise to trade only long positions as far as 0.9811 is support. We expect a test of the resistance at 0.99. The breakout of this level will give a new buy signal and should open the way towards 0.9950.

In case of return below 0.9811, we will be neutral between this level and 0.9764.
 
 
 

Analysis published by Bruno, the 10/17/2012 at 8h45 GMT+2



Chart of the pair USD/CAD - Timeframe 4H
USD/CAD Technical Analysis
 
Chart of the pair USD/CAD - Timeframe 1H
USD/CAD Technical Analysis



 

USD/CAD Live Chart - Timeframe : 4h
Chart USD/CAD BID

 

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