Strifor || USDCAD-08/23/2023
Preferred direction: BUY
Comment: The buy scenario remains relevant. Additional pressure on the Canadian dollar has a downward trend in oil. Several important economic data are expected to be released today, both for Canada and the US. Undoubtedly, their results will affect the course. However, from the point of view of technical and volume analysis, most likely the instrument will tend to touch the resistance level 1.36545 in the very near future.
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Comment: The buy scenario remains relevant. Additional pressure on the Canadian dollar has a downward trend in oil. Several important economic data are expected to be released today, both for Canada and the US. Undoubtedly, their results will affect the course. However, from the point of view of technical and volume analysis, most likely the instrument will tend to touch the resistance level 1.36545 in the very near future.
Thank you for like and share your views!
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