USD/CAD - US Dollar Canadian Dollar
Short term (Intraday)
1,0132. There is an horizontal range between 1,0110 and 1,0150. Support and resistance are given by Bollinger bands. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 1,0070 / 1,0200 range. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,0150 - 1,0200
- Supports
- 1,0110 - 1,0070
updated 30 avr 2008 05:54 GMT +02:00
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