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#1 07-03-2018 09:33:09

johnedward
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From: Paris - France
Registered: 21-12-2009
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USD/CAD: the pair should remain generally bullish in the short term

USD/CAD: the pair should remain generally bullish in the short term (Scotiabank)


http://www.forex-central.net/forum/userimages/Logo-Scotiabank.jpg


Scotiabank believes that the USD/CAD should maintain a bullish bias in the short term.

"Daily trend and momentum indicators remain strongly bullish, but the USD/CAD seems to be turning around since its recent peak near the 1.3000 zone.

We expect a little support around 1.2900 and note the importance of the Monday open at 1.2880.

Short-term resistance is at 1.3020 and 1.3050.
"


"Anything worth having is worth going for - all the way." - J.R. Ewing

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