US Dollar Canadian Dollar (USD/CAD) - 25/02/2008 - Archive

USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

0,9954. USD CAD broke 1,0000 support. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 0,9940. If the support is broken then the target will be 0,9500 (460 pips).

Resistances
0,9985 - 1,0030
Supports
0,9940 - 0,9920
updated 25 févr 2008 22:06 GMT +02:00

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