USDCAD – neutral – key support cluster area on the daily chart
USDCAD 1.3131 – neutral – key support cluster area on the daily chart
Support levels:
1.2832 (October 15, 2015 swing low)
1.2685 (200 day moving average)
1.2686 (50% of the 1.1919/1.3457 rise) and 2-month rising trendline (from August 29, 2015 low)
Resistance levels:
1.3457 (September 29, 2015 YTD high)
1.3470 (61.8% of the 1.6184/0.9059 fall)
Outlook:
Intraday: neutral
Daily: neutral
Weekly: bullish
Monthly: bullish
Support levels:
1.2832 (October 15, 2015 swing low)
1.2685 (200 day moving average)
1.2686 (50% of the 1.1919/1.3457 rise) and 2-month rising trendline (from August 29, 2015 low)
Resistance levels:
1.3457 (September 29, 2015 YTD high)
1.3470 (61.8% of the 1.6184/0.9059 fall)
Outlook:
Intraday: neutral
Daily: neutral
Weekly: bullish
Monthly: bullish
