The Canadian Dollar is softer on the day. Economists at Scotiabank analyze USD/CAD outlook.
Gains through to a 1.33 handle may develop a little more now
CAD losses are extending a little more as the USD establishes a foothold above minor resistance around 1.3275 – now support.
Gains through to a 1.33 handle may develop a little more now, with trend momentum positive on the intraday chart.
Firm resistance is likely to emerge between 1.3350 and 1.3375.
See: USD/CAD to move lower in the coming weeks and break through support at 1.31 – HSBC
Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.
