Overall, USD/CAD is ranging across. Recently, USD/CAD broke below the key level of 1.27.
The Canadian CPI m/m data (Actual: 1.0%, Forecast: 0.9%, Previous: 0.9%) released yesterday indicated continued increase in prices in February.
USD/CAD’s next support zone is at 1.26100 and the next resistance zone is at 1.29200.
Look for short-term selling opportunities of USD/CAD.
The Canadian CPI m/m data (Actual: 1.0%, Forecast: 0.9%, Previous: 0.9%) released yesterday indicated continued increase in prices in February.
USD/CAD’s next support zone is at 1.26100 and the next resistance zone is at 1.29200.
Look for short-term selling opportunities of USD/CAD.
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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.
Join my mailing list jindaotai.com/joinme
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.