USDCAD Lower High today…Still Trending Lower
18
Jun
2012
2012
Oil continues to decline yet the USDCAD has maintained it slow crawl lower. The pair has solid daily support at 1.02. Price Action has bounced of this level three times in the month of June. Resistance can be found at the trend line from the May highs around 1.0280. This looks like a wedge and my plan is to play inside wedge until it breaks.
Sup 1.02
Res 1.0280