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USD/CAD - US Dollar Canadian Dollar, American Session - 26/11/08

26 Nov, 2008 @ 05:32 am ET | written by Mataf


1,2358. USD CAD is in a range between 1,2180 and 1,2475. 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 Bollinger bands. We won't take a position.
Resistances
1,2475 - 1,2640
Supports
1,2180 - 1,2095

For more forex information, go to www.mataf.net

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