TECHNICAL ANALYSIS BY NSFX 10.05.2015
UsdCad made a double bottom just above its 200SMA but failed to rise above its 21SMA. Positive market sentiment can be seen in case it will make a breakout above the supply line generated last March and it that case it might test again the multiple top in area 1.2825. Below 1.1945 the rate can slide to 1.165 and then 1.1260. The RSI made a divergence: the oscillator rose when the rate reached the same low of the last month.