2020-09-18 18:52
Market analysisUSD/CAD Outlook (18 September 2020)
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Market analysis：
Overall, USD/CAD is ranging across. Recently, USD/CAD bounced off the resistance zone of 1.32300.
The Canadian Retail Sales m/m data will be released later at 2030 (SGT).
-Core Retail Sales m/m (Forecast: 0.5%, Previous: 15.7%)
-Retail Sales m/m (Forecast: 0.8%, Previous: 23.7%)
USD/CAD’s next support zone is at 1.30000 and the next resistance zone is at 1.32300.
Look for selling opportunities of USD/CAD.
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USD/CAD Outlook (18 September 2020)
Singapore | 2020-09-18 18:52Overall, USD/CAD is ranging across. Recently, USD/CAD bounced off the resistance zone of 1.32300.
The Canadian Retail Sales m/m data will be released later at 2030 (SGT).
-Core Retail Sales m/m (Forecast: 0.5%, Previous: 15.7%)
-Retail Sales m/m (Forecast: 0.8%, Previous: 23.7%)
USD/CAD’s next support zone is at 1.30000 and the next resistance zone is at 1.32300.
Look for selling opportunities of USD/CAD.
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