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