USDCAD trades to new highs and starts to test July highs

String of swing highs in the 1.32077 to 1.32224 area

The USDCAD is trading at new highs and tests swing highs from July. Those levels come in at

• 1.32078 - High from July 13
• 1.3217 - High from July 12
• 1.3224. High from July 2nd (and high for the month).

In addition the 50% retracement of the move down from the June 27th swing high comes in at 1.32224.

The high just reached 1.32134.