US Dollar Canadian Dollar (USD/CAD) - 28/01/2008 - Archive

USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

1,0071. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The consolidation should continue. The price should find a support above 1,0000. If the support is broken then the target will be 0,9850 (220 pips).

Resistances
1,0130 - 1,0150
Supports
1,0050 - 1,0000
updated 28 janv 2008 13:46 GMT +02:00

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