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USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

1,0153. USD CAD broke 1,0100 resistance. USD CAD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The consolidation should continue. The price should find a resistance below 1,0180. If the resistance is broken then the target will be 1,0500.

Resistances
1,0180 - 1,0215
Supports
1,0130 - 1,0100
updated 20 févr 2008 06:26 GMT +02:00

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