» USD/CAD - US Dollar Canadian Dollar, European Session - 03/03/08

USD/CAD - US Dollar Canadian Dollar, European Session - 03/03/08

0,9854. USD CAD is in a range between 0,9715 and 0,9860. 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
0,9860 - 0,9900
Supports
0,9825 -0,9785

Source : USD CAD

This entry was posted on Monday, March 3rd, 2008 at 7:03 and is filed under USD CAD. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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