CAD news

mlawson71

131 by mlawson71

It found some support at 1.3225 and is back at 1.3260. Let's see whether it will rally to 1.3300.

mlawson71

132 by mlawson71

It's consolidating around 1.3250 - 1.3260 still and the pair remains very undecided.

mlawson71

133 by mlawson71

USD/CAD is still stuck in its sideways consolidation and I don't think we will see a change before Monday.

mlawson71

134 by mlawson71

USD/CAD keeps pushing to the downside even though it has not broken out below 1.3200 yet. Next week there may be a breakout though.

mlawson71

135 by mlawson71

USD/CAD is bullish again and it may form a double top at 1.3330, I think.

mlawson71

136 by mlawson71

The pair pulled back from 1.3307 but I think it will likely continue moving north for now.

mlawson71

137 by mlawson71

It remains undecided for now, hopefully the fundamentals by the end of the week will end that.

mlawson71

138 by mlawson71

USD/CAD formed a new high at 1.3347, it's possible the move north will continue.

mlawson71

139 by mlawson71

USD/CAD is very bullish, I think next target will be at 1.3500.

mlawson71

140 by mlawson71

The pair reached 1.3460 and I think next week we will see it continue rallying.