USD/CAD Technical Analysis comments :
The pair USD/CAD took up its bearish movement and is currently testing the support at 0.9848. We maintain to trade only short positions as far as 0.99 is resistance. The breakout of 0.9848 will give a new sell signal. The next support is at 0.98. However, if 0.99 is broken, we will be neutral between this level and 0.9933.