(1,0200) The USD/CAD confirmed a very weak closing last night but it failed to confirm yet a break of the support of the inside day at 1,0195. Nevertheless we expect further weakness toward 1,0175 if not even 1,0150! The indicators of the daily chart are still negative as well as those of the s/t ones supporting further weakness. Bullish divergences in the hourly chart confirm now a negative tone supporting lower levels!! Possible rebounds are selling opportunity, especially close to the 200 hours line, now found at 1,0248, still good resistance. We stay on the sideline waiting for a rebound to sell!!
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