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USDCAD






8/14/2015 1:54:29 AM

USDCAD - Technical Analysis: Friday, 14/08/2015 05:54 GMT



The USDCAD keeps its main bullish trend, and we notice that the price is confined recently inside a bullish flag pattern highlighted in the chart, which forms positive motive waited to assist the price to continue the bullish trend.

Breaching 1.3110 level will confirm completing the positive pattern, and we notice that there is positive signal coming from MACD, which supports going for more positive trading on the longer term.


Target
Risk


Support
Resistance


Trend Bullish

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