USDCAD Battle Lines Drawn
USD/CAD has carved out a well-define monthly opening-range just above the August trendline.
Yearly open resistance at 1.3545 with bearish invalidation at 1.3688
Key support confluence at 1.3390/98 with a break lower exposing 1.3225 & 1.3110
Michael Boutros, Sr Technical Strategist with FOREX.com
Follow Michael on MBForex
MBForex
Yearly open resistance at 1.3545 with bearish invalidation at 1.3688
Key support confluence at 1.3390/98 with a break lower exposing 1.3225 & 1.3110
Michael Boutros, Sr Technical Strategist with FOREX.com
Follow Michael on MBForex
MBForex
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