USDCAD Testing Yearly Support

The USDCAD has been trading in a world of its own as of late.  correlations that have long connected the loonie seem to have fallen to the side.  In the short-term the cross is resting near the bottom of its larger and current range between .9840 and .98.  A break or hold of these levels will dictate the price action in September.  Resistance begins at .9950.

Sup   .9840                   .98

Res   .9950

Keane Plan...  Watching the price action at support for a bounce higher.

Yen Talk ,Wake up Call , Weekend Wrap Video and Private Twitter Feed Are found HERE

Non subscribers can have a 1-week trial HERE

 

 

Leave a Reply