Exchange rates

USDCAD

Delayed 22:16:23 2024-07-02 EDT			5-day change	1st Jan Change
1.368 ^CAD	+0.02%		-0.18%	+3.28%

07-02	Energy helps lift Toronto market to near 3-week high	RE
07-02	CIBC FICC Strategy Auction Preview: 4th of 5 parts, Macro Considerations	MT

USD/CAD Trades into 2007 High

January 08, 2015 at 03:30 pm

DailyFX.com -

Daily

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-USDCAD faces the 2007 high at 1.1875, the 61.8% extension of the 2007-2009 rally from the 2011 low at 1.1882, and several upward sloping parallels. Weakness under 1.1730 would give scope to a period of consolidation or larger pullback.

--Trading ideas are availabletoJ.S. Trade Desk members.

original source

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