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Monday, 23 July 2012

2012.07.23 07:01:16 USD/CAD intraday: further advance.

USD/CAD intraday: further advance.

Update on supports and resistances.
Pivot: 1.01

Our preference: Long positions above 1.01 with targets @ 1.017 & 1.02
in extension.

Alternative scenario: Below 1.01 look for further downside with 1.0085
& 1.006 as targets.

Comment: the RSI is supported by a rising trend line.

Key levels
1.021
1.02
1.017
1.01542 last
1.01
1.0085
1.006


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