USD/CAD bullish near-term – Scotiabank

By FXStreet FXStreet (Edinburgh) – Currency Strategist at Scotiabank Eric Theoret noted the bullish tone of the pair in the near term.

Key Quotes

“USDCAD has made a decisive break of its prior multi-week range and is now flirting with 1.4100 at fresh-multi year highs”.

“We note that there are few significant resistance levels ahead of 1.4500 (middle chart). Support is expected around 1.3950”.
For more information, read our latest forex news. …read more

Source:: FX Street