FX.co ★ USDCAD Tic-Tac-Toe Analysis

USD/CAD Analysis (103 step chart):
On the 103 step chart the pair continued its upward move under the correction. The prevailing tendency is downtrend.
The main target for the sellers is still the support level of 0.985. As soon as this level is overcome, the level of 0.98 will be available.
The resistance is places at 0.994. In case of breaking through this level, we recommend selling the pair. The main sellers’ power is at 0.97.
Today we recommend selling the USD/CAD pair.