(1,0195) The USD/CAD confirmed a weak closing but it again failed to confirm the break below 1,02. Nevertheless while below 1,0230 on an hourly closing we expect further weakness toward our s/t target at 1,0145!! The indicators of the daily chart are still well negative and this morning also those of the s/t ones are below the line supporting further weakness. Only a break below 1,0180 will however support the extension of the decline!! We keep staying short but already move the stop to 1,0235.
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Future Trend Research