USD/CAD TECHS: Clears 1.0600, 1.0640 Is Upside Pivot
Working on the third consecutive session with a low near 1.0565, just above the major trend low at 1.0550 from Monday. Tues and Wed"s highs near 1.0640 are today joined by the dn TL fm the May 11 swing high, making it a clear upside pivot pt. The 50% hrly Fibo at 1.0600 now cleared. Pivot off of 1.0640 with tight stops either way. |