USD/CAD Technical Analysis

(1,0265) The USD/CAD confirmed yesterday further consolidation interior the inside day with 1,0325 – 1,0165 still the levels to follow in the coming hours. In the s/t only an hourly closing below 1,0260 will postpone further strength favouring a move toward the 200 hours line, now found at 1,0195. The indicators of the daily chart are still well positive but those of the s/t ones turned below the line supporting a correction. We expect lower levels!!

Click here to read the full report: USDCAD 05.22

 

Future Trend