USD/CAD stalled at the finish line

Author: Adam Button | Category: News

Author: Adam Button

USD/CAD has traded as high as 0.9999 but can’t break above parity. The 200-day moving average is at 0.9995 and offers are littered up to 1.0010.

The subsequent level of resistance is the 50% Fibonacci retracement at 1.0038.