AAATrade Daily Technical Analysis on USD-CAD

May 15, 2017

Our unique trading strategy has provided us with a technical analysis on the USD-CAD pair.

Market scenario : We can observe two major levels on the USD-CAD pair, a support at 1.3525 and a resistance at 1.3650 area.

In our opinion both levels are strong and we are expecting to observe a bounce once price reaches either area.

Constantinos Aristophanous – CFTe,MSTA (Certified Financial Technician)
Georgios Hadjinicodemou – CFTe,MSTA (Certified Financial Technician)

AAATrade Market Research Department
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