Re: CAD news
41USD/CAD found some support at 1.3050 but remains bearish for now. Whether it will break out below the aforementioned level before the market close tomorrow remains to be seen though.
Re: CAD news
42The market was very bearish last week and there was no indication for a reversal so I expect that to continue tomorrow.
Re: CAD news
44It found some support at 1.3040, I think we may see a bit of a correction before it continues moving down.
Re: CAD news
45USD/CAD rallied sharply today, by the looks of it the pair may breakout above 1.3180 and even 1.3200.
Re: CAD news
46USD/CAD is consolidating after the rally yesterday, so far there is no indication of a further development.
Re: CAD news
47Sideways consolidation continues and since the market will close soon it likely won't end before next week.
Re: CAD news
48USD/CAD was quite bearish when the market closed on Friday, if that continues next week we may see it drop to 1.3100.
