USD/CAD: Losses should extend towards 1.3290 in the short run – Scotiabank – FXStreet

USD/CAD: Losses should extend towards 1.3290 in the short run – Scotiabank – FXStreet


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USD/CAD staged a solid rejection of key resistance at 1.3495 yesterday. Economists at Scotiabank expect the pair to extend its fall towards 1.3290 in the near term.“Short-term price patterns imply a clear reversal from the upper 1.34s, with the USD extending losses under minor support (rising channel on the intraday chart) at 1.3410/15 (now intraday […]

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via Inferse.com https://www.inferse.com

November 23, 2022 at 02:15AM

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