USD/CAD is having trouble breaking above the .9720 area, which is a former support level on the H1 chart. Stochastic is also giving the bears support at the overbought zone. The bears can jump in once the pair breaks below the consolidation at the chart, but watch your trades closely in case the pair breaks above its resistance level.
USD/CAD Bears Ready To Jump In - September 17, 2012
USD/CAD is having trouble breaking above the .9720 area, which is a former support level on the H1 chart. Stochastic is also giving the bears support at the overbought zone. The bears can jump in once the pair breaks below the consolidation at the chart, but watch your trades closely in case the pair breaks above its resistance level.
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