Technicals: How Low Will It Go?

  • Resistance: 1.0600
  • Support: 1.0460
  • After breaking June 29th?s record low, the USDCAD continued to fall, approaching 1.0450. The pair?s volatile price action can only leave traders wondering: how far will the USDCAD fall before it starts to retrace?

See Daily Technicals for more details: