USD/CAD turns to neutral outlook – Scotiabank

By FXStreet Eric Theoret, Currency Strategist at Scotiabank, argued the pair’s outlook has now shifted to neutral.

Key Quotes

“We await a clear break of USDCAD‘s three-session range roughly bound between 1.3780 and 1.3980”.

“Bearish signals continue to moderate, however we note the clear resistance provided by the 200 hour MA just above 1.3900”.
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Source:: FX Street