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USD/CAD Weekly RSI is Highest Since 1998 Blow off

22 Jan 2015 20:31, GMT
Jamie Saettele, CMT, Sr. Technical Strategist

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Weekly

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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-USDCAD has pushed through the 2007 high at 1.1875, 61.8% extension of the 2007-2009 rally from the 2011 low at 1.1882, and several upward sloping parallels. The next cluster of technical levels is between 1.25 and 1.2730.

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