Resistance, Resistance Wall and CAD/USD So what does the Canadian Dollar Price Outlook hold? Will the CAD/USD be able to show resistance to reverse its recent climb?

It seems that the bears will get there first. On the downside, we see that on the Mar-Mar time frame that the RSI is hovering around the 50 level. We don’t see the upside as being very strong as the price action suggests a clear break down in the short term.

Moving to the near term, we see that resistancewall is firmly anchored at the 62.5 level. Moving up, we see that the RSI has now hit the 20 level which is now showing some support for a top or resistance.

Moving into the upper band of the last wave, we see the upper band forming a candlestick with a candle on top. The upper band is now at the 63.5 level and it looks like there is some more resistance above the previous resistance level.

Moving up into the upper band of the last wave, we see the upper band forming a candlestick with a candle on top. Moving up, we see that the RSI has now hit the 20 level which is now showing some support for a top or resistance. The trend is clearly in bearish territory.

On the downside, we see that on the Mar-Mar time frame that the RSI is hovering around the 50 level. We don’t see the upside as being very strong as the price action suggests a clear break down in the short term. Moving into the short term, we see that resistancewall is firmly anchored at the 62.5 level. Moving up, we see that the upper band is now at the 63.5 level and it looks like there is some more resistance above the previous resistance level. The trend is clearly in bearish territory.

Moving into the upper band of the last wave, we see the upper band forming a candlestick with a candle on top. The upper band is now at the 63.5 level and it looks like there is some more resistance above the previous resistance level.

Moving up into the upper band of the last wave, we see the upper band forming a candlestick with a candle on top. Moving up, we see that the RSI has now hit the 20 level which is now showing some support for a top or resistance.

Moving into the upper band of the last wave, we see the upper band forming a candlestick with a candle on top. Moving up, we see that the RSI has now hit the 20 level which is now showing some support for a top or resistance.

Moving into the upper band of the last wave, we see the upper band forming a candlestick with a candle on top. Moving up, we see that the RSI has now hit the 20 level which is now showing some support for a top or resistance.

On the downside, we see that on the Mar-Mar time frame that the RSI is hovering around the50 level. We don’t see the upside as being very strong as the price action suggests a clear break down in the short term.