Analysis for February 21st, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is opening its mouth upwards. Price is completing bullish fractal; indicators are in green zone; there might be Squat bar on the MFI. After bullish fractal, bearish fractal may reach Alligator’s teeth (red line).
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_26.png)
At H1 chart of USD CAD, Alligator is moving upwards. Indicators are in green zone; there is Green bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s jaw (blue line).
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_26.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is sleeping. Price is forming bearish fractal; indicators are in grey zone; there might be Squat bar on the MFI. Bullish fractal may break Alligator’s mouth.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_29.png)
At H1 chart of NZD USD, Alligator is also sleeping. AO and AC are in red zone; there might be Squat bar on the MFI. I expect two fractals, which are equidistant from Alligator’s mouth, and then breakout of fractals to the downside.
RoboForex Analytical Department