FXMarketAlerts Team
FXMarketAlerts
Published at 11:45 (GMT) 15 Dec
11.45 GMT - USD/CAD still looks to be in good shape here after testing1.1600, but does show that it may want to consolidate for a bit around 1.1600 before it would then be ready to take the next shot higher to 1.1645 in due time. Support now at 1.1540/20 as the dip buyers look to stay active and stay with the trend higher for now. R.Z
R5: 1.1762 ** May '09 top break
R4: 1.1725 * Jul '09 high
R3: 1.1645 projection
R2: 1.16 figure
R1: 1.1591 12 Dec high
S1: 1.152 11 Dec close
S2: 1.1466 * 05 Nov high
S3: 1.1421 08 Dec low
S4: 1.1397 * break level
S5: 1.1316 * 50-day MA
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