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USDCAD: ready to 27.50
U.S. Dollar / Canadian Dollar
Short
USDCAD: ready to 27.50
By kidcuauh
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Oct 15, 2018
3
Oct 15, 2018
CAD fundamentals sound and firms are optimistic (even before USMCA deal) given the latest BoC survey.
Given Higher
USOIL
prices will push a solid ground to prevent downside risks.
USDCAD
will remain sensible and volatility will work in our favor.
These factors will move CAD key rate higher.
Institutional consensus is USD flat since all rates are priced and no new inflation data surprise is expected.
Fundamental Analysis
Support and Resistance
USDCAD
kidcuauh
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