|USD/CAD Technical Analysis comments :|
|The pair USD/CAD has rebounded yesterday on 1.02 and is currently testing the upper band of its bearish channel (purple lines).|
Indicators stay globaly bearish.
We continue to advise short positions as far as 1.0267 is resistance.
The breakout of 1.02 will give a new sell signal and will open the way towards 1.0150.
In case of return above 1.0267, we will wait the breakout of 1.03 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