usd cad intraday outlook for 16 oct 2015

usd cad today trading at 1.2868 with gain.
 
On daily chart price trend is bearish.
daily chart major indicators pattern is bullish.
Daily chart RSI is around 31 and heading higher.
 
usd cad intraday support zones are 1.2840 and 1.28.
usd cad intraday resistance zones are 1.2920 and 1.2965.
 
For today, usd cad trading call is
buy around 1.2840 with stop loss
for target 1.2920 and then 1.2965.

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Pramod Baviskar

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