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  #1479 (permalink)  
Old 07-07-2008, 11:28 PM
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Quote:
Originally Posted by Chris Vecchio View Post
I'm in the same boat as you. Aside for the CAD being far too volatile, the daily charts show no signs of breaking either way. Sure, my slow Stochastic says that it's in an uptrend, but I just don't see it the USDCAD pair breaking either way anytime soon. If anything, I'm expecting it to range trade for a while now, with support/resistance set at 0.9699/1.0378.

If it follows its current trend, I'd be slightly bullish if I were to trade.
I agree. My charts have turned bullish on the USD/CAD. They point to the same trading range that your's do.
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