USD/CAD - US Dollar Canadian Dollar, American Session - 01/12/08
01 Dec, 2008 @ 06:10 am ET | written by Mataf
1,2447. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands. We won't take a position.
- Resistances
- 1,2480 - 1,2630
- Supports
- 1,2380 - 1,2300

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