The USDCAD spent the majority of the day Monday consolidating around key resistance at .9943/50. This level represents the .382 fib level from October's decline and strong daily price resistance. Price action will be key at this point. A push above exposes parity and more important the 50 fib at 1.0030. Any downturn will find initial support at .9885.
Sup .9885 (.382 Fib)
Res 1.0000 1.0040 (50 Fib)
To Access Today’s Yen Talk, Daily Wake Up Call Videos, Current KEANE TRADES and Private Twitter Feed Click HERE
Non subscribers can have a Free 1-week trial HERE