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USDCAD Technical Analysis Forecast Thursday, May 02, 2013

ForexZig.com May 2, 2013

USDCAD Technical Analysis

Within the preceding trading day currency pair USDCAD started the session at 1.00717 and ended at 1.00812.

Daily top level was 1.00992 and daily low was 1.00505.

At the time of the Asian trade the pair USDCAD started the session at 1.00717 and ended at 1.00652. Asian top level was 1.00753, Asian low was 1.00615.

At the time of the European trade the pair USDCAD started the session at 1.00603 and ended at 1.00592. European top level was 1.00674, European low was 1.00574.

At the time of the U.S. trade session the pair USDCAD started trading at 1.00619 and closed at 1.00824. U.S. top rate was 1.00992, US low was 1.00569.

USDCAD Thursday, May 02, 2013 Daily analysis for USDCAD

Support Resistance points for today

S3 S2 S1 Pivot R1 R2 R3
1.00060 1.00283 1.00547 1.00770 1.01034 1.01257 1.01521

USDCAD Forecast

We expect short-term adjustment at -0.00006 and a long-term change at 0.00024 or our forecast is range and to reach 1.00836.

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