Forex Trends USD/CAD 7-22-2015

The USD/CAD is trending higher on the largest time frames, like the MN time frame trend shown below. This pair has now broken the critical 1.3000 resistance area, noted in red. There is no nearby resistance past this price the next resistance we can see is at approximately 1.3650, which is also noted in red on the far left. We will continue to follow this trend going forward, setting buy plans and looking for buy signals. If you see a buy signal for the USD/CAD with The Forex Heatmap® in the main trading session, we sould strongly consider buying this pair. The trend charts you see below are 5/12 exponential moving averages we  apply to all 9 time frames on metatrader.

Forex Trends USD/CAD 7-22-2015

Forex Trends USD/CAD 7-22-2015

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