UsdCad - Strong Cad Data Points To Further Declines

3 בדצמ׳ 2017

With strong economic data coming out of Canada last Friday and a weak USD, further declines are expected. A pullback and re-test of broken support, turning resistance, at 1.27730 will provide a great place to look for Shorts down towards the targets of 1.26382 and 1.25675 respectively.