By Paul Spirgel — Nov 20 - 11:50 AM
USD/CAD off lows ahead of Lon close, -0.02% at 1.3070; Fri range 1.3089-39
Sideways oil leaves CAD directionless, support by Nov 18 low 1.3035
Bears in control sub-1.3159, 50% of 1.339-1.2928; abv cloud base eyed 1.3207
Break abv the cloud puts upper 21d Bolli 1.3323 & Oct 29 high 1.3390 in view
Below Nov 9 low at 1.2928, bears eye Oct 2018 low at 1.2783
CAD Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary