(1,0125) The USD/CAD confirmed on Friday a strong closing above the top of the positive outside day suggesting further s/t upside potential. the weekly closing was also positive forming a positive week reversal! The indicators of the daily chart are however still well negative while those of the s/t ones are just above the line. The indicators of the s/t ones are still positive suggesting some more upside potential. this could faovur a possible 1,0180 overshooting where we suggest going short for a return toward the 200 hours line, now found at 1,0073!! We sell a 1,0180 overshooting!!
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