Forex - Chart USD/CAD Update: No follow-through yet to Mon's bounce


 11:23 (GMT) 14 Nov

  [Forex Charts]

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Chart USD/CAD Update: No follow-through yet to Mon's bounce (0100-TYWL-C01)

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Asterisk denotes strength of level

11:20 GMT - USD/CAD decent bounce from Mon looks to have started a wedge pattern breakout upside, but as of this writing there is zero momentum to latch onto. The mkt at the moment looks to be in wait and see mode and if there is upside momentum in the hours ahead then there is a shot at the 1.28-handle into Wed. The more immediate support is seen at 1.2725/00 zone.


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