Analysis for March 11th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator reversed upwards. Price is forming bullish fractal; indicators are in green zone; there is Squat bar on the MFI. I expect breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_38.png)
At H1 chart of USD CAD, Alligator is moving upwards. Angulation is closing; indicators are in red zone, very close to balance line; there is 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_38.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving upwards. Indicators are in green zone; price is forming bullish fractal; there is Squat bar on the MFI. I expect slight breakout of fractals to the upside; bearish fractal may reach Alligator’s jaw (blue line).
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_41.png)
At H1 chart of NZD USD, Alligator is reversing upwards. AO and AC are in green zone; there are no Squat bars on the MFI. I expect breakout of fractals to the upside.
RoboForex Analytical Department