USD CAD Technical Analysis today: May 11 2016


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Currency pair USD CAD Canadian Dollar Forex tight testing resistance area. At the moment there is a potential for a fall to below 1.2850 levels to form a reversal pattern Forex inverted head and shoulders continuation of upward correction. Cancellation option can become a strong growth in USD / CAD quotes to 1.30. An additional benefit of the same signal in the fall is the formation of the reversal pattern at smaller time intervals.

USD CAD Technical Analysis today: May 11 2016

USD CAD Technical Analysis today: May 11 2016

Thus, USD CAD Technical Analysis today: May 11 2016 suggests an attempt to fall in the rebound from the resistance area for the purpose at the level of 1.2850.


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