USD/CAD - US Dollar Canadian Dollar
Short term (Intraday)
1,0054. USD CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The consolidation should continue. The price should continue to move in 1,0000 / 1,0100 range. If the support is broken then the target will be 0,9900.
- Resistances
- 1,0100 - 1,0220
- Supports
- 1,0000 - 0,9900
updated 25 janv 2008 05:23 GMT +02:00
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