Canadian Dollar Technical Forecast: USD/CAD into Resistance- Round 3 dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
The Canadian Dollar collapsed for a second week with USD/CAD now testing key resistance near the yearly highs. Loonie levels that matter on the weekly technical chart.
Australian Dollar surged 3% off the weekly low with Aussie snaping back above a key support pivot post-FOMC. Levels that matter on the AUD/USD weekly technical chart.
Aussie surged 6.6% off the May low with the rally stalling at yearly open resistance. Monthly range breakout imminent. Levels that matter on the AUD/USD technical charts.
The Canadian Dollar counter-offensive enters week-four with USD/CAD now approaching key uptrend support. Loonie levels that matter on the weekly technical chart.