Updated the:
06/19/2012
USD/CAD Technical Analysis comments :
Sentiment :
sentiment
1.03
sentiment
1.0267
sentiment
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 :

USD/CAD

Chart of the pair USD/CAD - Timeframe 4H - Zoom out:

USD/CAD

USD/CAD Live Chart - Timeframe : 4h

Chart