Main Quotes Calendar Forum
flag

FX.co ★ Technical analysis of USD/CAD for October 2, 2015

parent
Forex Analysis:::2015-10-02T05:06:26

Technical analysis of USD/CAD for October 2, 2015

General overview for 02/10/2015 07:00 CET

As anticipated yesterday, the market made another sub-wave down, and the current structure looks completed. The bigger abc green structure looks completed as well, but is still not confirmed and might evolve into more complex and time-consuming pattern. Please notice that any breakout below the level of 1.3010 will invalidate the bullish green count.

Support/Resistnace:

1.3208 - WS1

1.3217 - Intraday Support

1.3271 - Intraday Resistnace

1.3312 - Weekly Pivot

Trading recommendations:

The sell orders from yesterday has hit the TP and currently traders should refrain from opening any more traders.

Technical analysis of USD/CAD for October 2, 2015

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...