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)
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