Key 5 day support levels for CAD/USD

Discussion in 'Forex Trading' started by uninvited_guest, Oct 4, 2005.

  1. Key 5 day support levels for CAD/USD.

    1.1732
    1.1738
    1.1776
    1.1815

    If oil doesn't go up these levels will be hit.
     
  2. I thought something was wrong with my wording. Should read:

    Key 5 day resistance levels for USD/CAD.

    1.1732
    1.1738
    1.1776
    1.1815

    Original post still accurate, just had the USD/CAD in wrong order, which turns RESISTANCE into SUPPORT.
     
  3. Very close to the 1.1815 level.

    After the 1.1815 resistance level is broken through the following 1 month resistance levels applies on the USD/CAD:

    1.1821
    1.1894
    1.1942