USD/CAD - US Dollar Canadian Dollar
Short term (Intraday)
0,9911. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are parallel and form the trend. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The price should find a resistance below 0,9940. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 0,9920 - 0,9940
- Supports
- 0,9880 - 0,9830
updated 04 mars 2008 05:55 GMT +02:00
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