USD/CAD - USD/CAD Intraday: the upside prevails - 10/06/2014 (GMT)
- 515
- 0
- Chart + Price target(s)
- Target : Upper
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- Target 1 : 1,128
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- Target 2 : 1,135
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- Invalidation threshold : 1,116
- Timeframe : 30 min.
USD/CAD Chart
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Our preference: Long positions above 1.116 with targets @ 1.128 & 1.135 in extension.
Alternative scenario: Below 1.116 look for further downside with 1.113 & 1.1095 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. The pair is challenging its previous top.
Alternative scenario: Below 1.116 look for further downside with 1.113 & 1.1095 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. The pair is challenging its previous top.
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