(0,9915) The USD/CAD broke below the support of the inside day at 0,9905 but it failed to confirm the break by the daily closing. This could be bad news for our short position established yesterday. The indicators of the daily chart are still well negative but those of the s/t ones turned again above the line suggesting a possible correction. Only an hourly closing above the 200 hours line at 0,9928 will support higher levels. We stay short for now but put a stop at 0,9935; if done we wait for higher levels to sell again!!
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Future Trend Research