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28.09.201510:12 Forex Analysis & Reviews: Technical analysis of USD/CAD for September 28, 2015

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

General overview for 28/09/2015 10:00 CET

There is one more wave to the downside to be completed before the market makes another test of the recent local high at the level of 1.3415. Please notice that the market is still trading inside the neutral zone and only a clear breakout can gives us more clues about further market direction.

Support/Resistnace:

1.3451 - WR1

1.3415 - Intraday Resistnace

1.3352 - Intraday Resistnace

1.3312 - Weekly Pivot

1.3289 - Intraday Support

1.3232 - Intraday Support

1.3208 - WS1

Trading recommendations:

Daytraders should refrain from trading and wait for more clear pattern to occur.

Exchange Rates 28.09.2015 analysis

Sebastian Seliga
Analytical expert of InstaForex
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