USDCAD Two Steps Forward…Two Steps Back

The USDCAD has faded from the .9950 level over the last few days.  Any pick up in volume or risk could produce a challenge of this level.  Support begins at .9885.  It appears the pair is settling down in the consolidation zone from earlier in the year.  The top of the broader range is at 1.0050 and resistance is at .98.  In the short-term resistance is at .9950 and support is at .9840.

Sup   .9840

Res   .9950

Keane Plan...The Range is your friend

Fridays Keane Trades Setups ,Wake Call And Weekend Wrap Video Are found HERE

Non subscribers can have a 1-week trial HERE

Leave a Reply