Market Analysis
USDCAD
Long
Long around 1.360, Stop loss: 1.350, Take profit: 1.358
Canada GDP better than expected (Short)
Canada GDP, m/m (April) from -7.5% to-11.6 % Vs. -13.0% (forecast).
1D
bcb583e2-62a7-4616-b0e7-2f4ef8275a41
On the chart of the day, USDCAD was above 1.365 with potential resistance at 1.370. It will mount further if it breaks through 1.370. Investors could buy as it reverses during the day.
See Translations
Order
Sell - 1.36087
Buy - 1.36091
