(1,0420) The USD/CAD confirmed a weak closing below the low of the previous session when it formed a negative day reversal. A daily closing tonight below 1,0293 will confirm a top supporting a return toward 1,02!! The indicators of the daily chart are however still well positive but those of the s/t ones turned negative supporting further weakness. Bullish divergences in the hourly chart confirm now a negative tone. The dollar is also below the 200 hours line, now resistance at 1,0333 and this below this line we expect further weakness. We wait for lower levels to buy!
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