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USD/CAD 4 hours reversal started

Wednesday, October 21, 2015 16:58
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(Before It's News)

USD-CAD-Buy-TradeTrend has finally changed in USD/CAD currency pair in four hours time frame as price did manage to break above old swing high. Based on Elliott wave count, resistance is out now and this means, market is most likely going to rise up more in coming trading days towards 1.3475 price area. However; if price is going to drop below 1.2830  support level then up trend is going to end.



Source: http://www.fxinstructor.com/blog/usdcad-4-hours-reversal-started

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