(1,0250) The USD/CAD confirmed another session of consolidation interior the inside day with 1,0300 – 1,0200 still the levels to follow in the coming hours. Only a daily closing below 1,02 will support further weakness!! The indicators of the daily chart are still below the line suggesting further possible weakness while those of the s/t ones are still showing a more or less mixed picture suggesting further consolidation/ correction. Only an hourly closing above 1,0285 will postpone further weakness supporting a new 1,03 overshooting. We are still short but start moving the stop to 1,0288!!
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Future Trend Research