USDCAD At Home Between .9950-.99
05
Dec
2012
2012
The USDCAD has been in a slumber for the last few weeks of trading. The pair has found a comfort range between .9950 and .99. It will take a break of this range to add the spark back to this pair. A break above .9950 could lead to another test of parity followed by the 50 fib at 1.0040. A break below the bottom of the range finds support at .9870 followed by .9765.
Sup .99 .9870 .9765
Res .9950 1.0000 1.0040
Keane Plan…Waitng for a break of the tight range between .9950 and .99.
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