(1,0270) The USD/CAD is overall still confirming further consolidation interior the negative day reversal with 1,0330 – 1,0220 still the levels to follow. The indicators of the daily chart are still positive despite the negative closing while those of the s/tones are showing a mixed picture. While above 1,0250 we could see a little higher levels suggesting even a 1,03 overshooting, move that we still see as corrective. Only an hourly closing above 1,0335 will instead resume the move up!! We stay on the sideline still waiting for stronger signals!!
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Future Trend Research