in ANALISA by hafid zaini

7958418 10/5/2017 11:55 PM, USD/CAD Intraday: further upside.


Pivot: 1.2500


Our preference:

long positions above 1.2500 with targets at 1.2570 & 1.2605 in extension.


Alternative scenario:

below 1.2500 look for further downside with 1.2450 & 1.2430 as targets.


Comment:

the RSI broke above a declining trend line.


Supports and resistances:


1.2640 **

1.2605 ***

1.2570 ***


1.2554

Last

1.2500 ***

1.2450 ***

1.2430 **