Under the resistance ranges 1.2729, 1.2740, 1.2816 and the important thing resistance stage 1.3100, brief positions are nonetheless most well-liked. And solely a breakdown of the resistance stage 1.3450 (Fibonacci stage 23.6%) will point out the restoration of the bullish development in USD / CAD (see Technical and Fundamental Analysis).
Support ranges: 1.2600, 1.2450
Resistance ranges: 1.2729, 1.2740, 1.2816, 1.3000, 1.3100, 1.3180, 1.3300, 1.3450
Buying and selling suggestions
Promote by market. Cease-Loss 1.2720. Take-Revenue 1.2600, 1.2500, 1.2450
Purchase Cease 1.2750. Cease-Loss 1.2690. Take-Revenue 1.2800, 1.2816, 1.3000, 1.3100, 1.3180, 1.3300, 1.3450
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