USDCAD Support at 9960 and 9910
60 Minute Bars
Prepared by Jamie Saettele, CMT
“The USDCAD breakdown last week has been completely retraced. One must respect the turnaround and consider the possibility that a thrust from a bearish triangle is complete. The real for bulls comes at the confluence of the 50 day average and recent range high at 10050. A bullish bias is warranted against 9840.” 9960 and 9910 are supports.
Bottom Line (next 5 days) – sideways
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