USDCAD is trending to the upside prior to the USD 4 week bill auction that reveals the yield on the US Backed securities. Technically the pair has held the key support figure and the RSI is bullish. We anticipate continued upside into the 1.2700 level.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.