USD/CAD Technicals – 0.9975/0.9985 resistance holding

Hourly Chart


Price trades firmly below parity after breaking below on 19th Nov. Recent rally touched yesterday’s High of 0.999 and fell back immediately. Currently trading between resistance of 0.9975 – 0.9985, with a break below opening up 0.9955 of Yesterday’s Low which is close to today’s L3 level.


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