USD/CAD Technical Analysis

(1,0066) The USD/CAD confirmed another strong closing again above the top of the previous session suggesting further upside potential. However, only a daily closing above 1,0105 will confirm higher levels suggesting a direct extension toward 1,02!! The indicators of the daily chart are still well positive but those of the s/t ones are mixed suggesting some consolidation/ correction. Only an hourly closing below 1,0040 will however favour the expect retest of the 200 hours line, still found at 0,9993. We sold as suggested the 1,0070 overshooting putting a stop at 1,0115 where we go even long!We are looking for a 1,0010 undershooting to take profit!!

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