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USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

1,0103. USD CAD is in a consolidation after the last bullish movement. USD CAD is in a range between 1,0035 and 1,0110. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a resistance below 1,0130. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,0090 - 1,0130
Supports
1,0035 - 1,0000
updated 19 févr 2008 14:01 GMT +02:00

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