Weaker GDP and Oil coming off again below $60 on Greek turmoil should keep the CAD well offered. On the US side, ADP came better and announces a positive NFP on Friday. Positive Greek development would lead to risk appetite, and a strong USD.
Buy a pull back at 1.2402, stop 1.2348 and target 1.28
Buy a pull back at 1.2402, stop 1.2348 and target 1.28
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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.