US Dollar Canadian Dollar (USD/CAD) - 08/05/2008 - Archive

USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

1,0108. USD CAD broke 1,0070 resistance. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,0140 - 1,0240
Supports
1,0070 - 1,0000
updated 08 mai 2008 05:51 GMT +02:00

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