What’s Next for the Canadian Dollar?

In today’s Canadian Market Minute, we identify the 122-124 focal zone as a key support for the U.S. Dollar.  If the pair value holds here, we are antipating a further strengthening of the U.S. Dollar against the Canadian Dollar with an upside resistance with in the 128-130 range.  Click on the link below to watch a brief video.

http://www.optionsource.net/mediaplayercanadian.php

For more information on USX options, click on the following link.

http://www.m-x.ca/produits_options_devises_en.php

All the Best,

Jason Ayres

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