(12 JUNE 2017)USD / CAD:Trading mixed.

(12 JUNE 2017)USD / CAD:Trading mixed.

12 June 2017, 14:29
Jiming Huang
0
19

cad

Trading mixed.

• USD/CAD is trading sideways. Hourly support 

can be found at 1.3388 (25/01/2017 high). 

Expected to show continued weakness. 

• In the longer term, there is now a death cross 

with the 50 dma crossing below the 200 dma 

indicating further downside pressures. Strong 

resistance is given at 1.4690 (22/01/2016 high). 

Long-term support can be found at 1.2461 

(16/03/2015 low).

(By Yann Quelenn)

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