USDCAD Inside Day Presents Opportunity
Prepared by Jamie Saettele, CMT
The USDCAD has reached the downward sloping channel and the next downside level of interest is the 100% extension at 9588. Like everything else, the channel is a good place for some corrective action to take place but the near term trend remains down against 9775 (Thursday high). 9715/40 is resistance.
LEVELS: 9530 9588 9650 9715 9740 9775
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