(0,987o) The USD/CAD is confirming further consolidation interior the big inside day with 0,9960 – 0,9820 still the levels to follow in the coming hours. Only a daily closing below 0,9820 will confirm further weakness. The indicators of the daily chart are still in negative territory suggesting further weakness while those of the s/t ones are mixed suggesting further consolidation/ correction. Still only an hourly closing below 0,9845 will instead resume the decline suggesting a s/t target at 0,9810. We stay on the sideline for now.
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Future Trend Research