Mrsam36

Usdcad PIPS gain target area read the caption

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
On the flip side, momentum beyond the 1.3475 area (200-day SMA) is likely to confront resistance near the 1.3500 psychological mark ahead of the 1.3530- 1.3543 region, or the multiple-tops. A sustained strength beyond the latter will negate any near-term negative outlook and pave the way for some meaningful appreciating move. The USD/CAD pair might then accelerate the positive move towards the 1.3600 round figure and the 1.3611- 1.3625 supply zone
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