USD CAD weekly-1.2940 and 1.2250 are next targets as well as supports

USD CAD Weekly chart 9 april 2016 USD CAD pair this week closed with gain.   On weekly chart, pair price trend is bullish but momentum is weak as loonie getting stronger against US dollar.   On downside 1.2940 and then 1.2250 are major averages support as well as upcoming target zones.   On upside 1.32 and 1.3420 are strong resistances.   Usd cad monthly chart suggesting deep correction for pair up to 1.20!     For forex tips by sms with support and follow ups visit subscription page.

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Pramod Baviskar

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