Analysis of recent data shows that USDCAD is likely to trade between 1.285 and 1.295.
As long as price holds below 1.3 and above 1.28, neutral bias would be the possible scenario for one or two weeks.
1.293 is a key level where it is expected to push the rate down toward 1.285/1.288 zone.
As long as price holds below 1.3 and above 1.28, neutral bias would be the possible scenario for one or two weeks.
1.293 is a key level where it is expected to push the rate down toward 1.285/1.288 zone.
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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.