USDCAD : Possible Breakout Higher?

USDCAD : Possible Breakout Higher?

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USD/CAD Technical Analysis

Approaching Support level of 1.3273 identified at 15-Feb-10:00 2019

USD/CAD Technical Analysis

Approaching Support level of 1.3258 identified at 12-Feb-08:00 2019

USD/CAD Technical Analysis

Broke through Resistance level of 1.3294 at 07-Feb-18:00 2019

USD/CAD Technical Analysis

Approaching Support level of 1.3279 identified at 23-Jan-10:00 2019

USD/CAD Technical Analysis

Approaching Resistance level of 1.3304 identified at 17-Jan-05:00 2019

Elliott Wave Analysis: Impulse Move Suggests More Downside in USDCAD

Short term Elliott Wave view in USDCAD shows that the decline from 12/31/2018 high (1.3669) is unfolding as a 5 waves impulse Elliott Wave structure. Down from 1.3669,

Elliott Wave View Supporting Further Strength in USDCAD

USDCAD has broken above 11/29/2018 high (1.336) as well as above 6/27/2018 high (1.3386) creating incomplete bullish sequence. Short term Elliott Wave view suggests the rally to 1.336

USD/CAD Technical Analysis

Approaching Resistance level of 1.3333 identified at 04-Dec-21:00 2018

USD/CAD Technical Analysis

Approaching Support level of 1.3178 identified at 26-Nov-09:00 2018