(1,0265) The USD/CAD is confirming further consolidation interior the inside day with 1,0305 – 1,0195 still the levels to follow in the coming hours. It’s now the 6th session the dollar is interior the formation. The indicators of the daily chart are still positive but those of the s/t ones are below the line this morning suggesting some downside risk. Only an hourly closing below 1,0245 will however support lower levels!! We stay on the sideline while following the inside day!!
Click here to read the full report: USDCAD 04.24
Future Trend Research
