USDCAD Jail Break

03 Oct
2012

The USDCAD did the unthinkable today and finally slipped above the consolidation range at .9810/.9850.  A hold above this level opens the cross up to a move towards .9950 and 1.00.  Support will now begin at past resistance at .9850.

Sup     .9850

Res      .9950                1.00

Keane Plan...Looking for a move higher with a hold above .9850

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