Overall, USD/CAD is trending upwards. Recently, USD/CAD bounced down from the key level of 1.27.
The Canadian retail sales data released yesterday indicated a decline in consumer spending in July as Canada was in the process of lifting restrictions.
Currently, USD/CAD is moving towards the support zone of 1.26100 and the next resistance zone is at 1.29000.
Look for short-term buying opportunities of USD/CAD if it bounces off the support zone of 1.26100.
The Canadian retail sales data released yesterday indicated a decline in consumer spending in July as Canada was in the process of lifting restrictions.
- Core Retail Sales m/m (Actual: -1.0%, Forecast: -1.5%, Previous: 4.8% revised from 4.7%)
- Retail Sales m/m (Actual: -0.6%, Forecast: -1.2%, Previous: 4.2%)
Currently, USD/CAD is moving towards the support zone of 1.26100 and the next resistance zone is at 1.29000.
Look for short-term buying opportunities of USD/CAD if it bounces off the support zone of 1.26100.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Join my mailing list jindaotai.com/joinme
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
