(1,0010) The USD/CAD is still consolidating interior the negative outside day with 1,0100 – 1,0010 still the levels to follow in the coming hours. Only a daily closing below 1,0010 will confirm lower levels, but for the moment it is holding very well!! The indicators of the daily chart are still well positive while those of the s/t ones are still showing a mixed picture suggesting further consolidation. Bullish divergences, however above 40%, are suggesting a negative tone. While below 1,0025 we expect further weakness. We moved already the stop to 1,0035 while waiting for a possible break on the downside!!
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Future Trend Research