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FxWirePro: USD/ZAR up trend gains momentum but hurdles ahead

FxWirePro- Major Pair levels and bias summary

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USD/CAD post US data blip - 1.2262 paid, oil algos dialed in

Wednesday, April 22, 2015 3:36 PM UTC

Source: Thomson Reuters

US housing data was much better than forecast, USD bears edgy
USD/CAD post US data blip - 1.2262 paid, stalled by algos dialed into WTI
Pair back down to 28 given but holding as WTI slips back
21-HMA 1.2258 a deterrent to techies, -2.5 Bollis 21-HMA support
Daily cloud base resistance 1.2316

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USD/CAD post US data blip - 1.2262 paid, oil algos dialed in

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