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USD/CAD Continues to Bump Against Median Line (Uptrend Resistance)

USD/CAD Continues to Bump Against Median Line (Uptrend Resistance)

2015-07-23 18:40:00
Jamie Saettele, CMT, Sr. Technical Strategist
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USD/CAD Continues to Bump Against Median Line (Uptrend Resistance)

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-“USDCAD has broken through resistance, indicating potential for the long term bull move to reassert. Watch 1.2540/60 for support.” The cited support was never reached but the bull trend has reasserted. Watch the March high for support at 1.2834.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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