(1,0303) The USD/CAD barely moved but the monthly closing was negative. The indicators of the daily chart are still well negative but not yet those of the monthly one where we have however a potential double top!! The indicators of the s/t charts are still showing a mixed picture suggesting further consolidation. Only an hourly closing above 1,0345 will support further strength; a break below the 200 hours line, still at 1,0291, will instead suggest a possible retest of the 1,02 area!! We stay on the sideline waiting for higher levels to sell.
Read the full report: USDCAD 10.01
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