- Resistance: 1.0780
- Support: 1.0630
- The USDCAD continues to shape a now established trend channel. In the last couple of days, volatility has died down as the pair?s range contracted to 1.067 and 1.074.
- Over the next few days, watch for a possible rebound in action as bouts of low volatility are often an indicator of big moves later on.
See Daily Technicals for more details:
http://www.dailyfx.com/story/dailyfx_reports/daily_technicals/British_Pound_and_Kiwi_at_1182168713222.html