Exchange rates

USDCAD

Delayed 04:03:39 2024-04-26 pm EDT			5-day change	1st Jan Change
1.366 ^CAD	+0.04%		-0.76%	+3.18%

10:17pm	TSX Closer: Market Finishes The Week Strong as a Potential Interest-Rate Cut Looks To Remain Distant	MT
09:36pm	ICE Review : Canola Slips to End the Week	DJ

USD/CAD Responds to Month Open at 1.1050

April 23, 2014 at 03:45 pm EDT

MarketScreener.com By The editorial team

Daily

USD/CAD Responds to Month Open at 1.1050

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-USDCAD action since the January high may compose a flat. The low at 1.0857 is in line with major inflection points in recent years as well as the 1/13 low (1.0842).

-I’m looking higher but beware that 1.1050 is a reaction level (level was hit today).

LEVELS: 1.0918 1.0941 1.0983 | 1.1050 1.1100 1.1159

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

original source

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