USDCAD is trending to the upside prior to the USD Retail Sales data, which measures the total receipts for retail stores domestically. Technically the pair has broken a key pivot to the upside, and we anticipate upside into the next key resistance at 1.2675.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.