(18 DECEMBER 2017)USD / CAD:Monitoring 1.29.

Monitoring 1.29.

(By Yann Quelenn )

• USD/CAD is testing hourly resistance at 1.2917

(27/10/2017 high). Expected to show continued

buying pressures.

• In the longer term, the pair has broken longterm

support that can be found at 1.2461

(16/03/2015 low). Strong resistance is given at

1.4690 (22/01/2016 high). The pair is likely to

head further lower.