September Canada Dollar Futures a Buying Opportunity on More Price Strength
See on the daily bar chart for the September Canadian dollar futures that prices are in a two-month-old uptrend and the bulls have the firm near-term technical advantage. A close above chart resistance at Friday’s high of .9188 would become a buying opportunity. The upside price objective would be .9350, or above. Technical support, for which to place a protective sell stop just below, is located at .9115.
