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Technicals

USD/CAD - US Dollar Canadian Dollar, American Session - 22/07/08

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22 July 2008 @ 06:21 am EST
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1,0038. USD CAD is in a range between 0,9995 and 1,0075. 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 0,9995 / 1,0075 range. We won't take a position.
Resistances
1,0060 - 1,0075
Supports
1,0025 - 0,9995

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