<!--TITOL:
Forex: USD/CAD posed for further downside TD Securities
FITITOL--> FXstreet.com (Barcelona) - The poor US ISM services index has erased early gains made by the Loonie against its fellow neighbor, pushing the cross from the 0.9830 area to the actual session highs in the proximities of 0.9875According to TD Securities, the cross seems to be locked in a downtrend channel, delimited by the high 0.98s and the area around 0.9800. Reinforcing the above, short-term technical studies would indicate an unclear bias. A return to the 0.99 region would undermine the actual outlook.
As of writing, the cross is posting meager gains at 0.9869, or +0.01%, with the next resistance at 0.9917, ahead of 0.9938 then 0.9978 and 1.0012
On the flip side, support levels could be found at 0.9800 followed by 0.9784 then 0.9766 and 0.9755
Tidak ada komentar:
Posting Komentar