USD/CAD Analysis - page 49

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Looking to go long at 1.3160.
 

The pair fell with almost 140 pips today from its daily high, surpassed the 1.3155 support area and is suggesting a slowdown of the bullish trend. Should the pair break the next support at 1.3110 then doors are opened for testing 1.3065.

 

USD/CAD pushed above its daily range in the last houra and marked a fresh daily high at 1.3178 on the back of a broad-based USD strength. Bulls are eyeing 1.3200 where strong resistance is awaiting.

 
1.2920 would be a good point to buy. 
 
I'm bearish on the pair until 1.2900.
 
The pair is very hesitant but succeeds to stay above 1.3000 handle. 
 
Bears attacked the 1.1300 level and now are eyeing 1.1280.
 
Probably a good buy will be around 1.2970.
 
USD/CAD is in a strong uptrend that started in the beginning of February. Strong res 1.35.
 
USDCAD found solid support at 1.30, let's see if it can hold and create enough momentum to continue the upside trend on the short term.
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