(0,9850) The USD/CAD is still 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 well negative but those of the s/t ones keep remaining above the line also this morning suggesting some s/t upside potential. However only an hourly closing above 0,9870 will postpone further weakness favouring an extension of the correction!! We stay on the sideline for now following the inside day.
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Future Trend Research