Sentiment : 0.9910 0.9880
The pair USD/CAD is again tested the resistance at 0.9887. Indicators are globaly 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.
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