USDCAD Near Channel Support

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The USDCAD briefly attempted pushing higher on Monday.  The cross tested the 1.0050 barries before drifting back lower.  The pair looks determined to test channel support at parity.  Buyers mya emerge at this level.  Resistance begins at 1.050 followed by 1.01.

Sup       1.00

Res        1.0050

Keane Insight:  Looking for a test of parity.

 

 

 

 

 

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