(1,0110) The USD/CAD confirmed a strong closing above the top of the previous session that was already a positive day reversal!! The indicators of the daily chart are however still well negative but those of the s/t ones are all above the line this morning supporting the present rebound. While above 1,0095 on an hourly closing we expect an extension of the rebound toward the 200 hours line, now found at 1,0164. We stay on the sideline waiting for a decent extension of the rebound to sell!!
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Future Trend