US Dollar Canadian Dollar (USD/CAD) - 04/02/2008 - Archive

USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

0,9936. USD CAD is in a range between 0,9900 and 1,0060. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
0,9970 - 1,0020
Supports
0,9920 - 0,9880
updated 04 févr 2008 22:15 GMT +02:00

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