Usd/Cad Roadmap for 02.07.15

Context:

price traded towards the "mean" of 26000 which is a key level , if we reject the level we will see
some donwside till 25100 , on the other hand should we clear this level to the upside the intermediate upside potential will be 26500/ 27000 , the tight range between support 25800 and resistance 25965 and how it resolves itself will indictate the future price movement

Signs of strength:
strong rally

Signs Of weakness:
price came to an halt near the mean

Support:
25800
25100

Resistance:
26000


invezted.com