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USDCAD Support is Now 9844-9877

USDCAD Support is Now 9844-9877

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_usd-cad_body_usdcad.png, USDCAD Support is Now 9844-9877

Prepared by Jamie Saettele, CMT

The USDCAD traded to its highest level since 8/10 today before coming off slightly. RSI holding above 40 at the recent closing low (10/8) is one piece of evidence that suggests a more important turn. 9844/77 is now support with 9763 serving as the pivot (above is bullish).

LEVELS: 9763 9844 9877 9964 10024 10084

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