USD/CAD 1.2430 and 1.2160 are Range Trading Levels
Chart Prepared by Jamie Saettele, CMT
-“USDCAD rolled over after reaching a high volume level (3/18 close) at 1.2559. A short term double top yields a 1.2171 objective.” USDCAD found low right at the 5/1 high on Wednesday. 1.2160/75 is still possible range support. 1.2430 may provide resistance.
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