USD/CAD Forecast Mar. 29 – Apr. 1

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 28, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The Canadian dollar posted sharp losses last week, dropping 200 points. USD/CAD closed at 1.3255. This week’s key event is GDP. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. The US dollar gained ground last week on hawkish comments released by various Fed officials, leaving an April hike a real possibility and contrasting the very dovish sentiment aired in the decision from the previous week. US Final GDP beat expectations with a gain of 1.4% in

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