Canadian Dollar Inside Day at Range Low

Daily Bars

Prepared by Jamie Saettele, CMT

The USDCAD inside day / gravestone doji pattern gives scope to a turn higher from the bottom of the December-January range. Keep risk to 10050 however as a drop below there would shift focus to a channel at 9970, the 200 day average at 9940, and the October low at 9892.

Bottom Line – flat