Forex Trading EVO - USD/CAD Technical - 08/AprilBy Praful Patat USDCAD is continues going down side toward extension at 0.9492 next target, also 127.2 %( 0.9565), 161.8% (0.9427) extension of 0.9665 to 1.0056. USDCAD will back from 0.9565 for retrace or continues going down side toward extension. In USDCAD minor support is at 0.9536. If USDCAD will going down side at 0.9427 then retracement will be possible immediately. USDCAD break of 0.9565 support, further going down side toward 0.9425 in bigger range and if retrace from extension then 0.9748, 0.9834 area possible. Strategy: USDCAD buy from support or sell from resistance. New Low: 0.9550, 0.9577, 0.9557
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