Friday, February 28, 2014

USD/CAD Candlesticks and Ichimoku Analysis

Despite last week's brief rise to 1.1194, the subsequent retreat formed a shooting star on the daily chart, suggesting consolidation below this level would be seen and pullback to the Kijun-Sen (now at 1.1067) cannot be ruled out, however, reckon 1.1000 would limit downside and bring another rise later. A



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