The bearish pattern in USD / CAD will proceed for now (see “Fundamental Analysis and Market Expectations”).


In this evaluation, on the one hand, there are expectations of accelerated development of the American financial system and the Fed’s tender coverage, and on the opposite, accelerated inflation in the US and the expansion of federal debt, given the brand new gigantic infrastructure spending.

Help ranges: 1.2591, 1.2576, 1.2460, 1.2365, 1.2170

Resistance ranges: 1.2615, 1.2636, 1.2660, 1.2740, 1.2820, 1.2925, 1.2990, 1.3040, 1.3110

 

Buying and selling eventualities

Promote Cease 1.2570. Cease-Loss 1.2625. Take-Revenue 1.2500, 1.2460, 1.2365, 1.2170

Purchase Cease 1.2625. Cease-Loss 1.2570. Take-Revenue 1.2636, 1.2660, 1.2740, 1.2820, 1.2925, 1.2990, 1.3040, 1.3110

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**) USD/CAD Current Fundamental Analysis and Market Expectations

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