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Viktor_strifor_analyst

Strifor || USDCAD-08/23/2023

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Viktor_strifor_analyst  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis USDCAD USDCHF USDJPY EURUSD Forex CADJPY brent WTI XAUUSD
3
7
trendanalysis indicator beyondta usdcad usdchf usdjpy eurusd forex cadjpy brent wti xauusd
Preferred direction: BUY
Comment: The buy scenario remains relevant. Additional pressure on the Canadian dollar has a downward trend in oil. Several important economic data are expected to be released today, both for Canada and the US. Undoubtedly, their results will affect the course. However, from the point of view of technical and volume analysis, most likely the instrument will tend to touch the resistance level 1.36545 in the very near future.

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