(1,0270) The USD/CAD still confirmed a positive closing after a 1,03 overshooting, but in the s/t we may have found some good resistance. The indicators of the daily chart are still well positive but also still well overbought showing potential negative reversals. The indicators of the s/t charts are still showing a mixed picture this morning suggesting some consolidation. Only an hourly closing below 1,0250 will however support lower levels with the 200 hours line at 1,0171 still the possible attraction!! We suggest waiting for a sensible correction toward the 200 hours line before buying!!
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Future Trend Research