(1,0325) The USD/CAD is still well bid but it failed to move higher for now and however it still failed to confirm a closing above 1,0340! The indicators of the daily chart are still below the line and at the moment even those of the s/t ones are in negative territory supporting further pressure. While above the 200 hours line at 1,0317 we expect further strength suggesting even a 1,04 overshooting, move that we still want to sell!!
Read the full report: USDCAD 10.04
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