Analysis for March 20th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving upwards; daily Alligator is also moving upwards. Angulation is open; indicators are in grey zone; there might be Squat bar on the MFI. After bearish fractal, I expect breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_45.png)
At H1 chart of USD CAD, Alligator is moving northwards. Angulation is open; indicators are in grey 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_45.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is closing its mouth. Indicators are in red zone; price is forming bullish fractal; there is Squat bar on the MFI. After bullish fractal, I expect breakout of fractals to the downside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_48.png)
At H1 chart of NZD USD, Alligator is moving downwards. AO and AC are in green zone; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the downside.
RoboForex Analytical Department