Technical analysis: #USD/#CAD After the nicely formed Flag - TopicsExpress

Technical analysis: #USD/#CAD After the nicely formed Flag pattern on the Weekly chart, CAD surged up with momentum and broke through resistance at 1.1000, continuing the recent #uptrend. Although the Weekly chart is overextended it is possible that on the Daily price will continue to move up with only minor #retracements towards the 1.1200 potential resistance level. At this resistance level price would match the recent high potentially forming a Double Top. Start #fx #Forex #trading with a live account on cwmfx/

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