USDCAD remains in uptrend from 1.0886, the fall from 1.1269 is likely consolidation of the uptrend. Key support is at 1.1071, as long as this level holds, the uptrend could be expected to resume, and next target would be at 1.1400 area. Only break below 1.1071 support could signal completion of the uptrend.
For more short term forex analysis and info visit via USDCAD Daily Analysis - October 8, 2014 . Thanks for your support.
No comments:
Post a Comment