USD/CAD Bull Trend Resumes; Reaction Level at 1.1050
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-USDCAD action since the January high may compose a flat. The low at 1.0857 is in line with major inflection points on recent years as well as the 1/13 low (1.0842).
-I’m looking higher this week but beware that 1.1050 is a reaction level.
LEVELS: 1.0880 1.0920 1.0955 | 1.1025 1.1050 1.1100
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