US Dollar Canadian Dollar (USD/CAD) - 21/02/2008 - Archive

USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

1,0097. USD CAD made a false break and continues the actual trend.. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should continue to gather momentum. The price should find a support above 1,0025 (70 pips).

Resistances
1,0115 - 1,0140
Supports
1,0090 - 1,0025
updated 21 févr 2008 06:35 GMT +02:00

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