(0,9835) The USD/CAD is still under pressure and slowly, slowly it is moving toward the 0,9800 area. The daily closing was weak, again. The indicators of the daily chart are still well negative supporting lower levels. those of the s/t ones are also below the line supporting lower levels. In the s/t only an hourly closing above 0,9850 will support a rebound with the 200 hours line at 0,9896 the possible attraction. We keep staying short moving the stop already to 0,9855.
Click here to read the full report: USDCAD 12.13
Future Trend Research