(1.0020) The USD/CAD confirmed a weak closing last night below the low of the previous session suggesting further s/t weakness toward the 200 days line, now found at 0,9987. The indicators of the daily chart are still well positive but also still showing potential negative reversals. Those of the s/t ones turned all below the line following the expected correction. While below 1,0040 we expect further weakness with the 200 hours line at 0,9992 the attraction. We stay short for this extension but started already putting a stop at 1,0055!
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Future Trend Research