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  1. #1
    AceTraderFX is offline Senior Member
    Join Date
    Oct 2007
    Posts
    3,104

    Default Daily Outlook on USD/CAD February 27, 2013

    DAILY USD/CAD OUTLOOK - 1.0255

    27 Feb 2013 08:07GMT

    Despite usd's retreat after extending MT upmove fm Jul's low at 0.7756 to 1.0304 y'day, 1.0242 sup shud hold n further gain twd 1.0341 is still seen.

    Trade fm long side n only firm breach of said 1.0242 signals temp. top made, risks 1.0200.

    STRATEGY : Long at 1.0260
    POSITION : Long at 1.0260
    OBJECTIVE : 1.0320
    STOP-LOSS : 1.0230
    RES : 1.0304/1.0341/1.0362
    SUP : 1.0242/1.0200/1.0160

  2. #2
    Saska is offline Banned
    Join Date
    Dec 2015
    Posts
    33

    Default


    The Canadian dollar has updated the most important High. There is also a breakdown of trend resistance. Then, most likely, quotes back to the support after the rebound will be a new wave of growth in the currency pair.

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