Dollar Versus Loonie and Franc December 26th

FX Strategy Video > Currency Pairs Analysis

USD/CAD fell during the Friday session as the oil markets continue to grin higher, but only slightly so. The resulting candle was a hammer, and it formed right at the 1.02 level – an area we have seen as support from time to time.

USD/CHF continues to hover just above the 0.93 level. This area has served as resistance previously, and now looks very constructive as support.

Published on 23rd of December 2011
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