US Dollar Canadian Dollar (USD/CAD) - 07/05/2008 - Archive

USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

1,0033. USD CAD broke 1,0060 support. USD CAD is in a consolidation after the last bearish movement. 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 1,0000. If the support is broken then the target will be 0,9900 (130 pips).

Resistances
1,0055 - 1,0110
Supports
1,0000 - 0,9900
updated 07 mai 2008 05:54 GMT +02:00

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