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Apr 26

TECHNICAL ANALYSIS BY NSFX 26.04.2015

By:

High:  Low: 

The rate made a double bottom in area 1.2100 and below this level it might test the 200SMA at 1.18.  In case the pair will rise above the resistance at 1.236 and the short term supply line as well that links lower highs generated last months then is very likely that UsdCad can make a breakout of its multiple top 1.2825.

R3
R2
R1
S1
S2
S3