USD CAD forex transaction Trading News
1/19/2017 4:47:59 PM
The USD/CAD pair trades moderately flat in forex market at 1.3273, floating near 5 day highs got at 1.3277 in opening trades. The spot fluctuates in a very slight range, as the bulls merge the previous huge rise caused by dovish BOC decision, with the central bank leaving doors open for additional rate cuts.
To the upside, the next persistence are seen near 1.3415 and 1.3425 and from there to 1.3455. To the downside, immediate support might be placed at 1.3205 and below that at 1.3162 and at 1.3116.
FOREX Fundamental Analysis
Written by FxErvin