Trade indices Online
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

Forex technical analysis: USDCAD tests resistance area after growth cut

Discussion in 'Technical Analysis' started by ForexLive, Oct 22, 2015.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    15,235
    Likes Received:
    1
    1.3070 level tested The BoC cut growth forecast for 2016 to 2.0% from 2.3%. Inflation risks are roughly balanced. The USDCAD has moved higher - mainly from the growth cut it seems - and the pair tests the key resistance against the 1.3070 area.

    Read full forex technical analysis here
     

Share This Page

Trade indices Online