U.S. Dollar / Canadian Dollar
Short
Updated

USDCAD will break the 1.3000 target by extension for bearish

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The USDCAD was projected to target 1.3000 as attached previous analysis. However, the bearish on EURUSD and the bullish on USDCHF will extend the USDCAD to bearish by strongly to break the 1.3000. Slower bearish will be seen by the bearish on USDJPY to 102.00 but likely not to have large impact due to large capital inflow into Canadian economy.

Attached also the EURUSD latest analysis.
Note
USDCAD Target Rate Still Stand 1.3000
Note
EURUSD Rejected at 1.1950 (Failed to Reach 1.2000) and Bearish

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