USD/CAD - US Dollar Canadian Dollar, European Session - 15/05/08
1,0037. USD CAD is in a range between 0,9990 and 1,0070. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. 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
- 1,0070 - 1,0090
- Supports
- 1,0020 - 0,9990
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