THE USDCAD has been anything less than exciting over the last 48 hours.  The pair has consolidated in a narrow range around parity.  The cross is still resting near the bottom of it descending channel.  Channel support is just below at .9960 followed closely by daily price support at .9950.  Any move below this level will run into headwinds.  Resistance begins at 1.01.

Sup  .9860/50

Res  1.01

Keane Insight:   Not much data this week.  Playing the range could be the plan.

 

For access to Keane Insight’s and current trade stream http://wp.me/P2pFeJ-1IT  .

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