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USDCAD: Poised for a re-test of key resistance at 1.3219 – RBC CM

By : Mex Group

USDCAD: Poised for a re-test of key resistance at 1.3219 – RBC CM

14 September 2016, 14:27

Sue Trinh, Senior Currency Strategist at RBC Capital Markets, suggests that the USD/CAD is poised for a re-test of key resistance at 1.3219 as the risk-off tone that has gripped markets buoys the greenback and pushes stock, commodity, and bond prices lower.

USD/CAD 0001-01-01T00:00:00
0/0 (0%)
H0 L0

S3S2S1R1R2R3
1.3138167063395 1.3142333825429 1.3148667017618 1.3159166971842 1.3163333733876 1.3169666926066

Trend IndexOB/OS Index
Bearish Neutral