Analysis for March 21st, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving upwards. Angulation is open; indicators are in red zone; there is Squat bar on the MFI. I expect angulation to close and then breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_46.png)
At H1 chart of USD CAD, Alligator is sleeping. Angulation is closed; indicators are near balance line; there is Fade bar on the MFI and might be Squat one too. After two fractals, equidistant from Alligator’s mouth, I expect breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_46.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator closed its mouth and is ready to reverse. Indicators are in green zone; price is forming bullish fractal; there is Squat bar on the MFI. I expect breakout of fractals to the downside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_49.png)
At H1 chart of NZD USD, Alligator is closing its mouth. AO and AC are in green zone; there is Green bar on the MFI and might be Squat one too. Bullish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the downside.
RoboForex Analytical Department