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US Dollar / Canadian Dollar 03-19

US Dollar / Canadian Dollar 03-19

2010-03-19 14:16:00
Jamie Saettele, CMT, Sr. Technical Strategist
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usdcad0319
The USDCAD trend is considered down as long as price is below 10193 (today’s high).  The next level of potential support is parity (10000) / 9970 (July 2008 low).  
 
Jamie Saettele publishes Daily Technicals every weekday morning, COT analysis (published Friday evenings), technical analysis of currency crosses on Monday, Wednesday, and Friday (Euro and Yen crosses), and intraday trading strategy as market action dictates at the DailyFX Forum.  He is the author of Sentiment in the Forex Market.  Follow his intraday market commentary and trades at DailyFX Forex Stream.   Send requests to receive his reports via email to jsaettele@dailyfx.com.

 

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