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Gold •10 mins	1,585.80	-0.60	-0.04%
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Gasoline •10 mins	1.738	+0.011	+0.61%
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Silver • 10 mins	17.85	+0.11	+0.63%
Copper • 10 mins	2.628	+0.029	+1.10%
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Heating Oil • 12 mins	1.694	+0.013	+0.79%

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USD/CAD - Collapsing

By - Jun 13, 2017, 6:41 AM CDT

USD/CAD has strongly declined. Hourly support found at 1.3388 (25/01/2017 high) has been broken. Expected to show continued weakness towards stronger support given at 1.3324 (13/04/2017 low).

In the longer term, there is now a death cross with the 50 dma crossing below the 200 dma indicating further downside pressures. Strong resistance is given at 1.4690 (22/01/2016 high). Long-term support can be found at 1.2461 (16/03/2015 low).

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