(1,0105) The USD/CAD confirmed a strong daily closing above 1,01 suggesting further upside potential toward the 1,02 area where we find a resistance line, 1,0225. Possible corrections should find support already at 1,0090. The indicators of the daily chart are still well positive showing bearish divergences. Those of the s/t ones are mixed to positive suggesting anyhow further upside potential. While above 1,0080 we expect further strength. We bought the break above 1,0105 last night as suggested. Start putting a stop at 1,0045!
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Future Trend Research