General overview for 13/11/2015 08:50 CET
As anticipated yesterday, the fifth wave to the upside has been made. Nevertheless, there is still a potential for another wave up as the main count has not been completed yet. The key level would be the bottom for the wave b green at the level of 1.3223 as any breakout lower would expand the drop to the level of 1.3161.
Support/Resistnace:
1.3339 - Intraday Resistnace
1.3273 - Intraday Support
1.3239 - Weekly Pivot
1.3161 - WS1
Trading recommendations:
All buy orders should be closed now and traders should wait for another trading setup to occur.
For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of USD/CAD for November 13, 2015 . Thanks for your support.
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