The USDCAD did not like what the FOMC was selling today. The pair moved down by over 100 pips following the FOMC announcement. The cross is now resting below its descending trend line and could pullback in the near term. Below the .9725 level support does not really begin until around .94.
Sup TL .9690 94
Keane Plan. Lots of this air until .94. But should ride the trendline lower.
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