Economic CalendarQuotes & ChartsForex Trading SignalsPAMM Account RatingTrading Sessions
flag English arrow
logo
Home
Publications
Top Articles Forex Analytics Forex Analysis for Beginners Video Analytics Crypto News Forex NewsForex TVForex HumorNews in Pictures Trader Journals
See also
Forex Online
Quotes & Charts Forex AnalyticsForex NewsEconomic Calendar Technical Analysis Patterns Forex Trading Signals PAMM Account Rating Trading Session Schedule
See also
Crypto
QuotesNewsTrade Crypto IFXBIT Platform #Bitcoin#Ethereum#RippleBitcoin Cash
Monitoring
Forum
Trade Now

FX.co ★ USD/CAD Rebound,Upward Movement , Janaury 18, 2011 (Daily Strategy)

header image

Forex Analysis

2011-01-18T13:47:38
iconLong-term review

USD/CAD Rebound,Upward Movement , Janaury 18, 2011 (Daily Strategy)

USD/CAD Rebound,Upward Movement , Janaury 18, 2011 (Daily Strategy)

USD/CAD

The recent decrease wave encountered four trade days ago the strong support level of 0.9850 and since then the pair is having difficulty in breaking the level and continuing its journey south.

It is recommended to make sure that on the daily closing the pair's price will be closed above the support level of 0.9850 to be on the safe side. Closing below this level will cancel the opportunity of buying immediately.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Open trading account