(0,9878) The USD/CAD is confirming further consolidation interior the big inside day with 0,9960 – 0,9820 still the levels to follow in the coming hours. Only a daily closing below 0,9820 will confirm further weakness. The indicators of the daily chart are still below the line but those of the s/t ones turned above the line for now suggesting further upside potential toward the 200 hours line, now found at 0,9904. Only an hourly closing below 0,9845 will instead resume the decline suggesting a s/t target at 0,9810. We missed on Friday to sell the dollar as it never took out our order at 0,9925. We stay on the sideline for now.
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Future Trend Research