Sponsors

USDCAD Weekly Analysis - June 14, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 June 2015 01:23 UTC
USDCAD broke below 1.2350 support, indicating that the uptrend from 1.1919 had completed at 1.2563 already. The pair is now in downtrend, further decline to test 1.1919 support could be expected, a breakdown below this level will conform that the longer term downtrend from 1.2835 has resumed, then the following downward movement could bring price to 1.1500 area.

usdcad chart

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.

Sponsors

Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.