US Dollar Canadian Dollar (USD/CAD) - 10/03/2008 - Archive

USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

0,9935. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The price should find a resistance below 0,9960. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
0,9960 - 1,0000
Supports
0,9900 - 0,9960
updated 10 mars 2008 14:12 GMT +02:00

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