Since the start of trading this week the USDCAD has slowly given back its profits from last Friday.  Key resistance has held at .9950.  A hold or break of this level will be key.  A break above .9950 open up the range from last week once again and a test of parity could be in the cards once again.  It would take a break of .9920 to open the pairs to further loses towards support at .9870.

Sup             .9920                  .9870

Res            .9950                    1.00

Keane Plan....Waiting for a break of either .9950 or .9920...

 

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