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
Penafian: Pandangan yang dinyatakan adalah semata-mata dari pengarang dan tidak mewakili kedudukan rasmi Followme. Followme tidak bertanggungjawab ke atas ketepatan, kesempurnaan, atau kebolehpercayaan maklumat yang diberikan dan tidak bertanggungjawab untuk sebarang tindakan yang diambil berdasarkan kandungan, melainkan dinyatakan secara bertulis secara jelas.
