Brocker.Org: USD/CAD bullish/neutral near phrase – Scotiabank

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Forex Strategist at Scotiabank Eric Theoret pointed out the pair’s stance remains bullish-to-neutral in the limited phrase.

Crucial Quotations

“The put up-election drop in USDCAD is envisioned to be limited-lived, with indications of near-phrase assist emerging under one.3420″.

 

“Trend and momentum indicators stay broadly bullish, and medium phrase MA’s are bullishly aligned. We glance to gains back again toward one.3480 and Friday’s higher earlier mentioned one.35 with danger to the March higher in the mid-one.35s”.

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