USDCAD Weekly Analysis (30 March-3 April, 2015) | March 29, 2015

Usdcad has pulled back again near to its support area. In daily chart, we saw a pin bar near to support level. After that pin bar, this pair started to move up again. So this is nice buy set-up for this pair. In h4 time frame, there is a bullish sign also which forced this pair to move again. In weekly chart, a bullish pin bar has been formed which also confirms bullish idea on this pair. So our recommend on this pair is to stay on bullish side on usdcad


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 1.2756

Resistance One (R1): 1.2682

Pivot Point: 1.2546

Support One (S1): 1.2472

Support Two (S2): 1.2336