(1,0052) The USD/CAD is confirming a nice rebound after having found good support below 1,0020. While above the 200 hours line at 1,0070 we can expect further strength toward 1,0120 if not even 1,0180. This move up is corrective. The indicators of the daily chart are still well negative but those of the s/t ones turned above the line supporting further strength. We did not yet sell this dollar preferring a little higher levels!!
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Future Trend