Skip to content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
USD/CAD Reverses at Same Trendline That Supported Last May

USD/CAD Reverses at Same Trendline That Supported Last May

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

USD/CAD Reverses at Same Trendline That Supported Last May

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-I wrote last Thursday that “I feel like giving up on USD/CAD so a low is probably close (learn to read yourself)…the next area of interest is probably mid-1.2400s.” A few trading days later and USD/CAD has already erased the prior week’s decline. Focus is higher.

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

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

DISCLOSURES