(1,0354) The USD/CAD is confirming further consolidation remaining interior the negative day reversal with 1,0405 – 1,0275 still the levels to follow in the coming hours. While above 1,0285 on an hourly closing we expect further upside potential. The indicators of the daily chart are still well positive but those of the s/t ones are instead still showing a mixed picture suggesting further consolidation/ correction. Only a break below 1,0285 will confirm an extension of the correction with the 200 hours line at 1,0273 the first attraction!! We wait for lower levels to buy!
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