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Technicals

USD/CAD - US Dollar Canadian Dollar, European Session - 04/07/08

03 Jul, 2008 @ 11:10 pm EST
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1,0171. USD CAD is in a range between 1,0100 and 1,0230. 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 1,0100 / 1,0230 range. We won't take a position.
Resistances
1,0230 - 1,0275
Supports
1,0150 - 1,0100

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