Despite a long upward tend in USDCAD, it needs a correction.
From fundamental point of view Canadian jobless rate increased slightly by 0.1 percent and Bank of Canada leaves Rates unchanged at 1 percent.
A good entry area for shorts is at 1.16.
Target1 1.14
Target2 1.13
SL 1.175
From fundamental point of view Canadian jobless rate increased slightly by 0.1 percent and Bank of Canada leaves Rates unchanged at 1 percent.
A good entry area for shorts is at 1.16.
Target1 1.14
Target2 1.13
SL 1.175
