News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
USDCAD Rips into Mid-January Levels

USDCAD Rips into Mid-January Levels

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_usd-cad_body_usdcad.png, USDCAD Rips into Mid-January Levels

Prepared by Jamie Saettele, CMT

The USDCAD has broken cleanly through trendline resistance and focus is on the January high at 10318 as long as price is above 10150. A drop below there would suggest that a larger correction is underway towards 10060-10100. Former trendline resistance is now a level to watch as support as well.

LEVELS: 10318 1015010104 10063

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.