USD/CAD will shortly have another run at support at 1.3100/20 – Scotiabank USDCAD Technical Analysis Banks
Short-term patterns underscore firm USD resistance around 1.3225
Short-term patterns underscore firm USD resistance around 1.3225 and the daily and weekly DMI oscillators continue to trend negatively for the USD, which helps account for USD/CAD’s inability to rally significantly. It should also mean that it will shortly have another run at support at 1.3100/20. Information on these pages contains forward-looking statements that involve risks and uncertainties.
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