Forex Trends USD/CAD 12-17-2014

The trend chart below show that the USD/CAD is trending higher on the largest time frames, like the MN time frame.  The current resistance levels is at 1.1670 on this pair. You can set a price alarm here. When the alarm hits, check The Forex HeatmapĀ® for a buy signal. Past the 1.1670 resistance area the next major resistance is at the 1.3000 area, so any buy entries could have substantial upside potential, possibly 1300 pips. The trend chart you see below for the USD/CAD are exponential moving averages set up on a meta trader platform.

Forex Trends USD/CAD 12-17-2014

Forex Trends USD/CAD 12-17-2014

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