Prepared by Jamie Saettele, CMT
Be sure to stay abreast of the current interpretation of wave structure in risk. Same deal here of course. The USDCAD tested support from the 5/29 low and 20 day average before reversing during the US session. Like all other USD pairs, a final leg of USD weakness may be required in order to complete what is probably wave A of an A-B-C correction from 10446. A test of the low would suffice. 10295 is resistance.
LEVELS: 10030 10150 10200 10295 10330 10360