USDCAD Fibs Up Ahead

The USDCAD has been consolidating around the .382 fib from the decline starting last May at .9943.  a break of the resistance zone between .9943/.9950.  Could open the pair up to a run towards the 50 Fib at 1.0039.  Resistance now begins at .9885.  A break below that level and the cross could fall back into the consolidation zone from last week between .9885 and .9765.

Sup   .9885

Res   .9943/50                1.0039  ( 50 Fib)

Keane Plan...Watching for a break of either .9950 or .9885 for a larger move.

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