USDCAD AUGUST WAS A ONEWAY STREET LOWER
31
Aug
2012
2012
The USDCAD is snaking along is a wide range for this cross. The pair has been bouncing between .9950 and support at .9840 for the last two weeks. If the cross break below .9840 on the third try price will run into another major support just below at .98. This level is the year to date low and should put up some resistance. A break below .98 exposes .9725.
Sup .9840
Res .9950
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