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#1 07-03-2018 09:33:09
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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)
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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Pages: 1
- Index
- » Analyses / Forecasts (by major banks and brokers)
- » USD/CAD: the pair should remain generally bullish in the short term