preyes

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Horizontal support followed by confirming support of the 61.8 Fibonacci level.

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Price hitting 38.2 Fib Level with Trendline resistance

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Trendline support with price hitting the 61.8 level.

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Price finds support at 23.6 fib level. A reversal from this level is also hinted from a false breakout of the candles at this level.

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Price makes rejection of inside bar low, before closing back in the zone. Price also resting on Trendline support which gives a good indication of a bullish continuation.

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A trendline break to the downside is supported by classical divergence prior to the breakout. Support further down looks like a good target for a trade.

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Falling wedge seems to be forming nicely. A good long opportunity here may be to buy on the bounce and use the top of the wedge as a target. The move upward can be supported by classical divergence on the Stochastic.

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Trendline break to the upside with classical divergence priot to the break. Horizontal resistance looks like a good target for a trade.

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Been following the CAD for many hours, and now i feel that it may be losing strength, but there is trendline support. It has broken slightly but the buls for the CAD should push it up further, even if it's just for 20 pips.