|USD/CAD Technical Analysis comments :|
|The pair USD/CAD has continued its bearish movement and the breakout of 0.9866 gave us a new sell signal.|
All indicators are bearish.
The pair is currently testing the lower band its bearish channel (purple lines).
We continues to advise short positions as far as 0.9910 is resistance.
The breakout of 0.98 will give a new sell signal and open the way towards 0.9750.
In case of return above 0.9910, we will wait the breakout of 0.9950 to advise long positions.
|Complete sheet of the pair USD/CAD - Previous USD/CAD Analysis|
|Chart of the pair USD/CAD - Timeframe 4H - Zoom in :|
|Chart of the pair USD/CAD - Timeframe 4H - Zoom out:|
|USD/CAD Live Chart - Timeframe : 4h|