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USDCAD trades at new year lows

Discussion in 'Technical Analysis' started by ForexLive, Feb 3, 2016.

  1. ForexLive

    ForexLive Forum Member

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    1.3810 was the Jan 4th low. Broken The USDCAD is now down on the year and trading at new 2016 year low. The pair just broke below the January 4th low at the 1.3810 level. and now targets the 50% of the trend move up from the October 15 low at 1.3760 (see chart below).

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