USD/CAD - US Dollar Canadian Dollar, European Session - 28/01/08

By IBTimes Staff Reporter | January 28 2008 12:56 AM

1,0108. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. 4H ForexSto (Modified Stochastic) crosses and gives a positive signal. The consolidation should continue. The price should continue to move in 1,0000 / 1,0150 range.

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Resistances: 1,0130 - 1,0150
Supports: 1,0075 - 1,0000

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