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Technicals

USD/CAD - US Dollar Canadian Dollar, European Session - 05/09/08

05 Sep, 2008 @ 03:20 am EST
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1,0676. USD CAD is in a range between 1,0540 and 1,0770. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should continue to move in 1,0540 / 1,0770 range. We won't take a position.
Resistances
1,0730 - 1,0770
Supports
1,0650 - 1,0540

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