(1,0168) The USD/CAD confirmed yesterday a session of consolidation interior Friday’s range forming a new inside day with 1,0250 – 1,0110 the levels to follow in the coming hours. While above 1,0150 on a daily closing we could still see another test on the upside!! The indicators of the daily chart are however still well negative while those of the s/t ones are mixed at the moment. The return below 1,02 confirmed however a negative reversal suggesting a s/t target at 1,0078. While above the 200 hours line at 1,0159 we favour another test on the upside. We try staying long for a possible return above the 1,02 level with however a stop at 1,0135!!
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Future Trend Research