Canadian Dollar Choppy Trading Persists
Prepared by Jamie Saettele
The USDCAD has traded to a multiyear low and focus is now on the downward sloping trendline that extends off of the August and October lows. A level to also keep in mind is 9710, which was an important pivot support back in 2008. Only a move above 10057 would shift the focus to higher prices.
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