Forex Trading recommendation on USDCAD 28.03.2016 by AzaForex

Foreign exchange market knowledge for beginng traders.
The correction is not over yet. Now the rising of the dollar does not give a weak resistance level. With his breakout price may grow by another 100 points to next level.
The price is above a simple moving average 200 MA and 20 MA indicating bullish trend.
The MACD trend indicator is above zero level now, indicating bullish movement.
The oscillator Force Index is at zero level now, indicating the strength of bulls.
 
If the resistance level is broken you can use the following recommendation:
•             Chart timeframe: H4
•             The trade recommendation: Buy
•             The level of entry into long position: 1.3300
•             Take Profit Level: 1.3400 (100 pips)
 
 
Forex GOLD
Possible bearish movement in the breakdown of the support level 1207.50
 
Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.1180
 
Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9740
 
Forex currency pair GBPUSD
Possible bullish movement in the breakout of the resistance level 1.4190