USDCAD Unchanged

02 Jul
2012
by in Uncategorized

The USDCAD consolidated for the majority of the day.  Finishing the day where it began.  Heading into Asian trading it is simply a game of support and resistance.  support is at 1.0150 and resistance is at 1.02.  If the pair break above or below either of these level we could see a bit of follow through.  If not, range trading could be the name of the game.

Sup      1.0150

Res      1.02