USD/CAD - USD/CAD Intraday: the upside prevails - 09/29/2014 (GMT)
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- Chart + Price target(s)
- Target : Upper
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- Target 1 : 1,118
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- Target 2 : 1,121
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- Invalidation threshold : 1,112
- Timeframe : 30 min.
USD/CAD Chart
Our preference: Long positions above 1.112 with targets @ 1.118 & 1.121 in extension.
Alternative scenario: Below 1.112 look for further downside with 1.108 & 1.1045 as targets.
Comment: The RSI lacks downward momentum. The pair stands above its support.
Alternative scenario: Below 1.112 look for further downside with 1.108 & 1.1045 as targets.
Comment: The RSI lacks downward momentum. The pair stands above its support.
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