Sentiment : 0.9980 0.9934
The pair USD/CAD continues its bearish movement and is going to test the support at 0.9866. All indicators are bearish. The pair is still moving into its bearish channel (purple lines). We continues to advise short positions as far as 0.9934 is resistance. The breakout of 0.9866 will give a new sell signal and open the way towards 0.98. In case of return above 0.9934, we will wait the breakout of 0.9980 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