USDCAD Sitting On The Edge Without A Net

The USDCAD broke down on Thursday to test the resistance zone between .9840/40.  A break of this level opens up new yearly and could lead to a test of the .94 area.  A better than expected NFP number could give the cross a bit of breathing room and lead to a test of the .9950 level.

Sup   .9840/00

Res    .9950

 

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