Analysis for March 17th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is sleeping. Indicators are very close to balance line; price is forming bullish fractal; there is Squat bar on the MFI. After two fractals, equidistant from Alligator’s mouth, I expect breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_42.png)
At H1 chart of USD CAD, Alligator is sleeping. Indicators are in red zone; there is Green bar on the MFI and might be Squat one too. I expect two fractals, equidistant from Alligator’s closed mouth.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_42.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving upwards. Indicators are in red zone; price is forming bullish fractal; angulation is closing; there is Squat bar on the MFI. After bullish fractal, I expect angulation to close and breakout of fractals to the downside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_45.png)
At H1 chart of NZD USD, Alligator is sleeping. AO and AC are in green zone, very close to balance line; there is Squat bar on the MFI. I expect slight breakout of fractals to the upside.
RoboForex Analytical Department