US Dollar Canadian Dollar (USD/CAD) - 07/03/2008 - Archive

USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

0,9827. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a support above 0,9820. If the support is broken then the target will be 0,9720 (100 pips).

Resistances
0,9850 - 0,9880
Supports
0,9820 - 0,9785
updated 07 mars 2008 05:53 GMT +02:00

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