USD/CAD Technical Analysis comments :
A strong bearish movement occured on the pair USD/CAD which broke 0.9942; giving us a sell signal. We now advise to trade the pair according to 0.9951 (level 23.60%):
- Long is 0.9951 is support. The breakout of 1.0015 (level 38.20%) will give a new buy signal
- Short if 0.9951 is resistance. The breakout of 0.99 will give a new sell signal.