Forex | Forex | Forex Analysis Usd to Cad 24 August 2009 (24/08/2009 22:13:21)

Forex Analysis Usd to Cad 24 August 2009

Forex Technical Analysis The usd to cad continued to move lower in the forex trading session today, but given the lack of fundamental news and thin trading volumes, lacked any conviction in the move, and indeed the market would seem to be 'tired', and lacking momentum. Given that we  have now seen five consecutive down days, and coupled with the fact that the move lower ran out of steam at this level last time, it would be no great surprise to see a bounce higher in the next few days from


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