(1,0230) The USD/CAD formed a positive day reversal that this morning favoured already a move above the previous top at 1,0220 suggesting further upside potential toward 1,0265 where we find an important resistance line! The indicators of the daily chart are still well positive as well as those of the s/t ones supporting further possible strength. Bearish divergences confirm a positive tone. The rally above 1,0220 confirmed a positive reversal suggesting a s/t target at 1,0258!! We sell a 1,0260 overshooting putting a stop at 1,0297!
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