|USD/CAD Technical Analysis comments :|
|The pair USD/CAD has rebouded yesterday on the support at 0.98 and is currently testing the resistance at 0.9887.|
All indicators are bullish.
The pair is still moving into its bearish channel (purple lines).
We continues to advise short positions as far as 0.9887 is resistance.
A return below 0.9866 will comfort our bearish feeling.
The breakout of 0.98 will give a new sell signal and open the way towards 0.9750.
In case of return above 0.9887, we will wait the breakout of 0.9910 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|