(0,9835) The USD/CAD formed yesterday a small positive day reversal but only a daily closing above 0,9858 will confirm a s/t low supporting a rebound. By correction we saw last night took out our stop, by the way, before however turning again lower!! The indicators of the daily chart are still well negative as well as those of the s/t ones supporting further weakness. Only an hourly closing above 0,9860 confirmed by an hourly closing will favour a rally toward the 200 hours line, now found at 0,9886!!
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Future Trend Research