Permanecer 
Condiciones de negociación
Products
Herramientas
The market will continue showing strength by following to the level of 1.0060 (1.0041: 23.6% of Fibonacci retracement levels). Therefore, the USD/CAD resistance was broken and turned into support a month ago (the 8th of December, 2011), the pair has already formed a strong support at the level of 1.0060. So the market indicates a bullish opportunity at level of 1.0060 with a first objective of 1.0130 and continues towards 1.02. However, if the trend does not manage to break through and close above the level of 1.03, then it will be a downside momentum, that is rather convincing and the structure of the downfall looks non-corrective, for that the market will indicate a bearish opportunity at 1.027, hence it will be a good sign to sell at this level in order to continue downward pace towards 1.0133 on H4.
According to previous events, the price is still been trapped between 1.0080 and 1.0270.
R3: 1.0194
R2: 1.0160
R1: 1.0137
PP: 1.0103
S1: 1.0080
S2: 1.0046
S3: 1.0023
Please check out the market volatility before investing, because the sight price may have already been reached and scenarios become invalidate.
Key level at 1.0060.
History will probably repeat itself at this level again.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
