Updated the:

01/19/2011

USD/CAD Technical Analysis comments :

Sentiment:

sentiment

The support at 0.9850 allowed a strong rebound on the pair USD/CAD, breaking the resistance at 0.99. The pair is currently testing a pullback on this level as support. We advise to trade the pair according to this level:

- Long above 0.99. The breakout of 0.9951 (level 23.60%) will give a new buy signal

- Short below 0.99. The breakout of 0.9850 will give a new sell signal.

USD/CAD

USD/CAD