Will the CPI Crash the USD?
The most impactful releases of this week will fill the market with volatility and sharp movements.
The USD/CAD pair retests its February’s lows
Information is not investment advice
The release of the BOC business outlook survey came out positive and strengthened the CAD. USD/CAD has tested the lows of the last February at 1.3068. The next support lies at 1.2988. From the upside, the first resistance is placed at 1.3125, the next one is at 1.3168.
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