USD/CAD to extend its rise towards 1.3810 and October peak of 1.3980 – SocGen USDCAD Banks
lost 1.3% on the US Dollar last week. Economists at Société Générale expect the USD/CAD pair to see further gains towards the 1.3810 mark and October peak of 1.3980. “The USD/CAD pair has negated the previous Head and Shoulders and has reclaimed the 50-Day Moving Average.” “Last week's low at 1.3380 aligns as near term support.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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