USDCAD A Bouncy Trip Lower

12 Jun
2012
by in Uncategorized

 

The USDCAD has been trending lower since attempting to pop above the 1.03 level.  The cross is currently riding trend line resistance lower focusing on a break of the dailly price support at 1.0260.  If this level is pierced we could see once again another test of the 1.02 level.

Sup    1.0260

Res    1.03