|USD/CAD Technical Analysis comments :|
|The pair USD/CAD has continued yesterday its bearish movement and is currently testing the support at 1.0230.|
The pair is moving into a short term bearish channel (purple lines).
All indicators are bearish.
We continue to advise short positions as far as 1.03 is resistance.
The breakout of 1.0230 will give a new sell signal and will open the way towards 1.0150.
In case of return above 1.03, we will wait the breakout of 1.0350 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