USD/CAD Technical Analysis
The USD/CAD pair initially fell during the course of the session on Thursday, but found enough support down at the 1.24 level to turn things back around and form a nice-looking hammer. Because of this, it appears of the market is ready to continue going higher, and if we get a move above the 1.25 handle, we believe that this pair will continue to grind itself much higher. Ultimately, the 1.28 level will be the target, but also offers quite a bit of resistance. We believe we get above there we can head to the 1.30 handle, but that of course is a longer-term move.
LATEST FOREX NEWS BY PIPSAFE.COM
Tags : Analysis AUD/USD CAD forex bonus without deposit Forex Broker forex broker bonus forex learn forex learning forex learning pdf forex tutorials for beginners pdf how to trade forex for beginners pdf Latest Forex News learning forex trading pdf USD/CAD