US Dollar Canadian Dollar (USD/CAD) - 20/02/2008 - Archive

USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

1,0189. USD CAD broke 1,0180 resistance. USD CAD is in an uptrend supported by 1H exponential moving averages. The volatility is low. Bollinger bands are flat. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The uptrend should continue to gather momentum. The target is expected at 1,0500 (315 pips). The price should find a resistance below 1,0215.

Resistances
1,0215 - 1,0275
Supports
1,0180 - 1,0120
updated 20 févr 2008 13:43 GMT +02:00

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