USD/CAD Technical Analysis comments :
The pair USD/CAD continues its bearish movement and th breakout of 0.99 gave us a new sell signal. We maintain to trade only short positions as far as 0.9950 is resistance. The bearish slant could also give resistance. The breakout of 0.9850 will give a new sell signal. However, if 0.9950 is broken, we will be neutral between this level and 0.9983.