Analysis for February 20th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving upwards. Price completed bullish fractal; indicators are in grey zone; there are Squat bars on the MFI. Bearish fractal may reach Alligator’s lips (green line), and then I expect breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_25.png)
At H1 chart of USD CAD, Alligator is also moving upwards. Indicators are in res zone; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_25.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is reversing downwards. Price is forming bullish fractal; indicators are in red zone; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s teeth (red line), and then I expect breakout of fractals to the downside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_28.png)
At H1 chart of NZD USD, Alligator is moving downwards. AO and AC are in green zone; there is Fade bar on the MFI and no Squat ones. Bullish fractal may reach Alligator’s jaw (blue line).
RoboForex Analytical Department