The USDCAD continued its slide lower last week.  The cross tried to bounce at strong daily support from a weekly ascending trend line but could not gain momentum into the weekend.  The pair finished the week Friday with a close below channel and daily support.  Until the pair pulls back a bit shorting at these levels would be risky. Any pullback could find sellers.

Sup  .99

Res 1.00

Keane Insight:  A pullback towards parity could find sellers


For more details regarding current trades and trading plans Check here  .

Take a look the first week is free,  once you see it you wont be able to look away.