Tuesday 28 October 2014

USDCAD Daily Analysis - October 29, 2014 Forex Analysis

USDCAD's downward movement from 1.1385 extended to as low as 1.1163. However, the fall would possibly be consolidation of the uptrend from 1.0810 (Aug 29 low), another rise to 1.1500 is still possible after consolidation. Resistance is at 1.1265, a break of this level could signal resumption of the uptrend.



usdcad chart






For more short term forex analysis and info visit via USDCAD Daily Analysis - October 29, 2014 . Thanks for your support.

No comments:

Post a Comment