USDCAD Says Hello and Goodby to 1.02


The USDCAD bounced quickly of the 1.02 level to start the week to test resistance up at 1.0310.  If the pair break through current resistance we could see a test of the descending trend line at 1.0340.  Support is still down at 1.02.  We could see a bit of consolidation in the near future.

Sup    1.02

Res      1.0340

 

 

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