Canadian Dollar Resistance (USDCAD Support) at 9800
Prepared by Jamie Saettele
The USDCAD has spent enough time above its former resistance line and 50 day average to qualify as a legitimate break. 9800, which is former resistance and the 20 day average, should provide support now. The next level of interest on the upside is 10057.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.