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USDCAD Technical Analysis Forecast Tuesday, December 31, 2013

ForexZig.com December 31, 2013

USDCAD Technical Analysis

In the preceding trading day forex currency pair USDCAD started trading at 1.07009 and closed at 1.07056.

Daily high was 1.07063 and daily low was 1.06941.

During the Asian trade the currency pair USDCAD started trading at 1.07056 and closed at 1.07129. Asian top price was 1.07267, Asian lowest rate was 1.07041.

During the European trade the currency pair USDCAD started trading at 1.07161 and closed at 1.07095. European top price was 1.07194, European lowest rate was 1.07075.

During the U.S. trade the currency pair USDCAD opened at 1.07114 and closed at 1.06394. U.S. high was 1.07156, US low was 1.06361.

USDCAD Tuesday, December 31, 2013 Daily analysis for USDCAD

Support Resistance points for Tuesday, December 31, 2013

S3 S2 S1 Pivot R1 R2 R3
1.06855 1.06898 1.06977 1.07020 1.07099 1.07142 1.07221

USDCAD Forecast

We expect short-term adjustment at 0.00000 and a long-term adjustment at -0.00391 or our expectation is downtrend and target 1.06665.

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