Updated the:
06/21/2012
USD/CAD Technical Analysis comments :
Sentiment :
sentiment
1.03
sentiment
1.0250
sentiment
The pair USD/CAD has rebounded yesterday at the approach of the support at 1.0150 and is currently testing a pullback on the resistance at 1.02.
The pair is also testing the upper band of its bearish channel (purple lines).
Indicators are globaly bearish.
We continue to advise short positions as far as 1.0250 is resistance.
The breakout of 1.0150 will give a new sell signal and will open the way towards 1.01.
In case of return above 1.0250, 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