(1,0382) The USD/CAD confirmed a strong closing last night even above the 1,0343 key level supporting further upside potential toward next resistance area at 1,0450 if not even a 1,05 overshooting. The indicators of the daily chart are still well positive and this morning also those of the s/t ones are well above the line showing however overbought conditions. Bearish divergences even in the 4h chart confirm a positive tone supporting further strength! The break above 1,0320 completely aborted the negative reversal the hourly chart was carrying supporting We expect lower levels!!
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