Forex technical analysis: USDCAD holds topside resistance and falls back to swing floor area - ConsultFX

Forex technical analysis: USDCAD holds topside resistance and falls back to swing floor area

Key swing area from last week and earlier today at 1.27125-21 The USDCAD tumbled on the back of better retail sales and CPI data in Canada today. The price fall did have a limit. The low stalled against an area that has been home to a number of swing lows and highs (see red number circles). Copyright 2015 Forexlive.com