Forex technical analysis: USDCAD falls after a better employment report

Discussion in 'Technical Analysis' started by ForexLive, Jun 10, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Falls to session lows The USDCAD has extended it's narrow range after the better than expected May employment report. The pair has yesterday and the weeks lows to contend with at 1.2669 and 1.2654 levels. Those levels are also near the 50% of the longer term move up from the June 2014 low. That comes in at 1.26529. So the pair has some tough levels to get to and through (and stay).

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