USD/CAD Technical Analysis

(1,0373) The USD/CAD confirmed a positive closing last night that is now favouring a break above 1,0370. We expect good resistance already at 1,0385, from where we should be able to see again lower levels. The indicators of the daily chart are still below the line but those of the s/t ones turned positive supporting the present rebound that we expect however to be corrective. We remain on the sideline for now

Read the full report: USDCAD 08.20

 

Future Trend