By Peter Stoneham — Nov 08 - 06:50 AM
A volatile week for USD/CAD and set to end near mid-range
Wed's price extremes set the range, 1.3817-1.3958
Choppy price action has clouded direction
Despite Wed's rally the market is trading clear below its 2024 1.3959 high
Weekly chart set to record a bearish harami (inside week)
On balance, the CAD holds an advantage with a USD/CAD reversal the risk
USD/CAD Trading Page TGM2345
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Source:
Refinitiv IFR Research/Market Commentary