USDCAD In a Wedge
05
Jun
2012
2012
The USDCAD could be in the process of forming a wedge. The pair has formed lower highs throughout the week with 1.0360 as its base. Trend line resistance can be found at 1.0420. Daily price resistance is a bit higher at 1.0450. A break of 1.0360 could produce a test of 1.0310.
Sup 1.0360
Res 1.0420