Overall, USD/CAD is ranging across. Recently, USD/CAD bounced down from the key level of 1.27.
The Canadian employment data will be released later at 2130 (GMT+8).
Also, the Canadian Ivey PMI data (Forecast: 55.1, Previous: 45.0) will be released later at 2300 (GMT+8).
USD/CAD’s next support zone is at 1.26100 and its next resistance zone is at 1.29200.
Look for short-term selling opportunities of USD/CAD up until the release of the U.S. NFP and Canadian employment data at 2130 (GMT+8).
The Canadian employment data will be released later at 2130 (GMT+8).
- Employment Change (Forecast: -121.5K, Previous: 54.7K)
- Unemployment Rate (Forecast: 6.3%, Previous: 5.9%)
Also, the Canadian Ivey PMI data (Forecast: 55.1, Previous: 45.0) will be released later at 2300 (GMT+8).
USD/CAD’s next support zone is at 1.26100 and its next resistance zone is at 1.29200.
Look for short-term selling opportunities of USD/CAD up until the release of the U.S. NFP and Canadian employment data at 2130 (GMT+8).
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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.