FX.co ★ USD/CAD Triangle Pattern August 24, 2011 (Daily Strategy)

USD/CAD

The analysis of short-term dollar-CAD pair reflects possible points of take a position on the eve of the sequence can bearish turn out to be long and deep. This point represents the breaking down of the triangle pattern, a pattern that was developed recently in the context of the movement of stagnant par. The price targets for short terms are consistent with the 0.9630 support level