USD/CAD: Losses to extend towards the 1.3375/1.3425 area – Scotiabank USDCAD Banks
“Steady losses in USD/CAD through the past week leave the USD’s technical undertone looking soft and prone to more losses.”
“We look for firm resistance on USD rebounds to the 1.35 area now and for USD losses to extend towards the 1.3375/1.3425 area.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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