USD/CAD, it looks like there is no end, but there is!

116 mario urlic forex usd-cad 29.04.

USD/CAD is falling from January and fall in total is more then 2000 pips until today. You can see that the pair is still sliding down over the support trend line, toward the possible support and turnover place in my point of view, near the 1.2400. I see that level as an possible reversal point and turnover from that level could be sharp toward 1.3000. I will follow the move and search the opportunitie for long enrty there.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s