USDCAD from 1.0050 to 1.0150 not as good as a parity party

17 May
2012
by in Uncategorized

 

The USDCAD is currently testing price resistance at 1.0150.  The problem is that the pair has limited follow through since breaking above 1.0050.  A pullback could be in the cards.  Support is past resistance at 1.0050.

Sup    1.0050

Res    1.0150