USD/CAD - US Dollar Canadian Dollar, European Session - 10/08/09

By @ibtimes on

1,0813. USD CAD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0900 (87 pips).

1,0865 - 1,0900
1,0790 - 1,0750

tags: Forex, usdcad
author: Arnaud Jeulin offers technical analysis, forex news and currency converter.

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