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Forex pairs in this Article » USD/CAD (Barcelona) - Technically, the broader trend decline in USDCAD remains intact, but TD Securities analysts believe the down move may run out of steam soon: "We spot resistance now at 0.9860, with minor support at 0.9825/30. We still think there is scope to get funds on a 0.9700 handle in the next few weeks", wrote analysts Shaun Osborne and Greg Moore, pointing to a move back through 0.9890/0.9900 to undermine the well-entrenched bear trend and still favoring selling USD rallies (though the high 0.98s from here).
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